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An announcement from C2C Gold ( (TSE:UE) ) is now available.
Urano Energy Corp. announced a non-brokered private placement of 10,000,000 units at $0.07 per unit, aiming to raise up to $700,000. The proceeds will support the advancement of permitting for the company’s key uranium projects in the U.S., as well as general corporate purposes. The offering is expected to close around June 6, 2025, subject to regulatory approvals, and the securities will have a hold period of four months and one day. This move is part of Urano Energy’s strategy to strengthen its position in the uranium market amid increasing support for domestic nuclear energy.
More about C2C Gold
Urano Energy is a mineral exploration company focused on advanced conventional uranium projects in the Colorado Plateau, a region with a significant history of uranium and vanadium mining. The company is strategically positioned to benefit from the growing demand for domestic uranium and nuclear energy in the United States.
Average Trading Volume: 82,377
Technical Sentiment Signal: Sell
Current Market Cap: C$15M
Learn more about UE stock on TipRanks’ Stock Analysis page.