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Global Uranium Corp. Secures C$1.5 Million in Private Placement

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Global Uranium Corp. ( (TSE:GURN) ) has issued an announcement.

Global Uranium Corp. has successfully closed a non-brokered private placement, raising C$1,500,000 through the issuance of 10,000,001 units. Each unit consists of one common share and one share purchase warrant, with proceeds intended for exploration activities and general administrative expenses. This financing move is expected to bolster the company’s operational capabilities and reinforce its strategic focus on uranium exploration and development in North America.

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 Northern Saskatchewan, Canada, and Wyoming, USA, including the Wing Lake Property, Northwest Athabasca Joint Venture, Astro Uranium Project, and various district projects.

Average Trading Volume: 75,895

Technical Sentiment Signal: Sell

Current Market Cap: C$8.79M

For an in-depth examination of GURN stock, go to TipRanks’ Overview page.

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