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Global Uranium Corp. Launches C$1M Private Placement for Exploration

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Global Uranium Corp. ( (TSE:GURN) ) has provided an update.

Global Uranium Corp. announced a non-brokered private placement to raise up to C$1,000,000 through the sale of units, each consisting of one common share and a warrant to purchase an additional share. The funds will be used for exploration activities, including at the Northwest Athabasca Project, and for general corporate purposes. The offering is subject to regulatory approvals and is expected to close by April 25, 2025.

More about Global Uranium Corp.

Global Uranium Corp. focuses on exploring and developing uranium assets primarily in North America. The company holds key uranium projects including the Wing Lake Property in Northern Saskatchewan, Canada, the Northwest Athabasca Joint Venture in Saskatchewan, Canada, and several district projects in Wyoming, USA.

YTD Price Performance: -80.32%

Average Trading Volume: 519,200

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: C$6.45M

Learn more about GURN stock on TipRanks’ Stock Analysis page.

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