Nevada Exploration (TSE:URZ) has released an update.
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URZ3 Energy Corp has successfully closed the first tranche of a private placement, raising $814,000 through the issuance of 7.4 million units. Each unit includes a common share and a warrant, offering investors an opportunity to purchase additional shares at a future date. The funds will be used for general working capital, with all necessary regulatory approvals pending.
For further insights into TSE:URZ stock, check out TipRanks’ Stock Analysis page.