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An announcement from Nevada Exploration ( (TSE:URZ) ) is now available.
URZ3 Energy Corp. has successfully closed a non-brokered private placement offering, raising $1,100,000 through the issuance of 10,000,000 units. Each unit comprises one common share and one warrant, with the proceeds intended for general working capital. The offering involved insider participation, constituting a related party transaction under MI 61-101, but exemptions were applied due to the transaction’s value being less than 25% of the company’s market capitalization.
More about Nevada Exploration
URZ3 Energy Corp. is a resource development company focused on acquiring and exploring uranium properties in North America. The company aims to advance its project portfolio to meet the increasing demand for uranium as a clean energy resource, leveraging extensive experience in ISR uranium exploration, development, and production.
Average Trading Volume: 56,500
Technical Sentiment Signal: Hold
Current Market Cap: C$5.66M
Learn more about URZ stock on TipRanks’ Stock Analysis page.