Consolidated Uranium Announces Closing of C$8.0 Million Private Placement by Labrador Uranium Inc.

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TORONTO, Nov. 15, 2021 (GLOBE NEWSWIRE) — Consolidated Uranium Inc. (“ CUR ” or the “ Company ”) (TSXV: CUR) (OTCQB: CURUF) is pleased to announce that further to its press release on October 18, 2021 regarding the creation and planned spin-out (the “ Spin-Out ”) of Labrador Uranium Inc. (“ Labrador Uranium ” or “ LUR ”), LUR has completed its previously announced fully marketed private placement (the “ LUR Offering ”) for gross proceeds of C$8,000,000 from the sale of 11,428,571 subscription receipts of LUR (each, a “ Subscription Receipt ”) at a price of C$0.70 per Subscription Receipt (the “ Offering Price ”). Red Cloud Securities Inc. acted as lead agent and sole bookrunner on behalf of a syndicate of agents including Haywood Securities Inc. and PI Financial Corp. (collectively, the […]

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