Standard Uranium (TSE:STND) has released an update.
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Standard Uranium Ltd. has announced a non-brokered private placement to raise up to $1.6 million, with funds directed towards uranium exploration in Saskatchewan and working capital. The offering will consist of units priced at $0.085 and flow-through units at $0.10, with proceeds from flow-through shares dedicated to exploration expenses as per Canadian tax regulations.
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