Laramide Resources (TSE:LAM) has released an update.
Laramide Resources has extended its loan maturity date and secured a new $5 million credit facility, providing financial flexibility for its uranium projects in the U.S. and Australia. The company also issued 750,000 warrants to its lenders, reinforcing the support from its long-term shareholder, Extract. These financial moves are set to bolster Laramide’s position amid upcoming opportunities and challenges in the uranium market.
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