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Global Uranium Corp. Launches Private Placement to Fund Exploration

Story Highlights
  • Global Uranium Corp. plans to raise up to C$1,500,000 through a private placement.
  • Funds will support exploration and administrative expenses, with securities offered to Canadian residents.
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Global Uranium Corp. ( (TSE:GURN) ) has issued an announcement.

Global Uranium Corp. has announced a non-brokered private placement financing, aiming to raise between C$250,000 and C$1,500,000 through the issuance of units comprising common shares and share purchase warrants. The proceeds are intended for exploration, administrative expenses, and working capital, with the offering available to Canadian residents outside Quebec and not subject to resale restrictions under Canadian securities laws.

More about Global Uranium Corp.

Global Uranium Corp. is focused on exploring and developing uranium assets primarily in North America. The company holds key uranium projects in Saskatchewan, Canada, and Wyoming, USA.

Average Trading Volume: 103,613

Technical Sentiment Signal: Sell

Current Market Cap: C$4.97M

See more data about GURN stock on TipRanks’ Stock Analysis page.

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