C29 Metals Secures $2.45M for Uranium Exploration

C29 Metals Limited (AU:C29) has released an update.

C29 Metals Limited has successfully raised $2.45 million through a fully subscribed placement, with strong demand from sophisticated investors. The funds will be used for exploration activities at the Ulytau Uranium Project in Kazakhstan, as well as for working capital. This move signifies C29’s strategic focus on expanding its uranium exploration efforts amid growing interest in energy transition resources.

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