International Consolidated Uranium Announces Upsizing of Bought Deal Private Placement to C$18.0 Million

International Consolidated Uranium Announces Upsizing of Bought Deal Private Placement to C$18.0 Million

TORONTO, Nov. 01, 2021 (GLOBE NEWSWIRE) — Consolidated Uranium Inc. (“ CUR ” or the “ Company ”) (TSXV: CUR) (OTCQB: CURUF) is pleased to announce that due to significant demand, the Company and Red Cloud Securities Inc. (“ Red Cloud ”), as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters (collectively, the “ Underwriters ”), have agreed to increase the size of the private placement previously announced on October 29, 2021 from C$15,000,325 to C$18,000,000. Under the revised private placement, the Underwriters have agreed to purchase for resale 6,792,453 units of the Company (the “ Units ”) at a price of C$2.65 per Unit (the “ Unit Price ”) on a “bought deal” private placement basis for gross proceeds of C$18,000,000 (the “ Offering ”). Each Unit shall be comprised of one common share in the capital of the Company (each, a “ Unit […]

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