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Myriad Uranium Corp ( (TSE:M) ) just unveiled an announcement.
Myriad Uranium Corp. announced a follow-on non-brokered private placement financing to issue 500,000 units at $0.25 per unit, raising $125,000 to accommodate a key institutional investor’s requirements. The proceeds will be used for general working capital, and the securities will be subject to a four-month hold period under Canadian securities laws.
The most recent analyst rating on (TSE:M) stock is a Buy with a C$1.35 price target. To see the full list of analyst forecasts on Myriad Uranium Corp stock, see the TSE:M Stock Forecast page.
More about Myriad Uranium Corp
Myriad Uranium Corp. is a uranium exploration company with a significant interest in the Copper Mountain Uranium Project in Wyoming, USA, and a recent acquisition of the Red Basin Uranium Project in New Mexico. The company also holds a 50% interest in the Millen Mountain Property in Nova Scotia, Canada.
Average Trading Volume: 153,533
Technical Sentiment Signal: Sell
Current Market Cap: C$17.28M
See more data about M stock on TipRanks’ Stock Analysis page.