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TORONTO, Nov. 22, 2021 (GLOBE NEWSWIRE) — Consolidated Uranium Inc. (“ CUR ” or the “ Company ”) (TSXV: CUR) (OTCQB: CURUF) is pleased to announce the closing of its previously announced “bought deal” private placement (the “ Offering ”) for gross proceeds of C$20,000,750 from the sale of 7,547,453 units of the Company (the “ Units ”) at a price of C$2.65 per Unit (the “ Unit Price ”), which includes the full exercise of the over-allotment option. Due to significant demand, the Offering was upsized from its original gross proceeds of C$15.0 million. Red Cloud Securities Inc. acted as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters that included Haywood Securities Inc. and PI Financial Corp. (collectively, the “ Underwriters ”).
Philip Williams, President and CEO commented, “we are […]
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