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C2C Gold ( (TSE:UE) ) has provided an update.
Urano Energy Corp. has announced an increase in its non-brokered private placement from $700,000 CDN to $900,000 CDN, allowing the company to issue up to 12,857,000 units at $0.07 per unit. This move, subject to regulatory approvals, aims to bolster the company’s financial resources, positioning it to capitalize on the growing support for uranium and nuclear energy in the U.S., potentially enhancing its operations and stakeholder value.
More about C2C Gold
Urano Energy is a mineral exploration company focused on advanced conventional uranium projects with historic resources and mining lode claims in the Colorado Plateau, a region known for its uranium and vanadium mining. The company is strategically positioned to advance permitting for key projects as the demand for domestic uranium and nuclear energy in the United States grows.
Average Trading Volume: 126,210
Technical Sentiment Signal: Sell
Current Market Cap: C$12.5M
For a thorough assessment of UE stock, go to TipRanks’ Stock Analysis page.