Breaking News: Global Uranium Corp Successfully Completes Private Placement!
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CALGARY, Alberta, Dec. 23, 2024 (GLOBE NEWSWIRE) — Global Uranium Corp. (CSE: GURN | OTCQB: GURFF | FRA: Q3J) (the “Company”) is pleased to announce it has closed the previously announced non-brokered flow-through private placement (the “Private Placement”) for gross proceeds of C$2,450,000. The company sold 3,266,666 flow-through units (the “FT Units”) at a price of $0.75 per FT Unit. Each FT Unit consists of one flow-through common share (“FT Share”) and one-half of one non-flow-through common share (“Share”) purchase warrant of the Company.
Effect on Me:
As an individual investor, this news may impact me if I have a direct investment in Global Uranium Corp. The successful completion of the private placement could potentially lead to positive outcomes for the company’s operations and stock performance.
Effect on the World:
Global Uranium Corp’s successful completion of the private placement signifies investor confidence in the company’s prospects. This development could have a ripple effect on the global uranium market, potentially influencing supply and demand dynamics in the industry.
Conclusion:
In conclusion, Global Uranium Corp’s completion of the private placement is a significant milestone for the company. The capital raised through the private placement will enable the company to further its exploration and development activities, contributing to its growth and potentially impacting the global uranium market.