Labrador Uranium Announces Upsize of Bought Deal Private Placement to C$8.0 Million

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TORONTO, April 11, 2022 (GLOBE NEWSWIRE) — Labrador Uranium Inc. (“ LUR ” or “ Labrador Uranium ”) (CSE: LUR) (F: EI1) is pleased to announce that due to significant investment demand, LUR has agreed to amend its agreement with Red Cloud Securities Inc., as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters (collectively, the “ Underwriters ”), to increase the size of LUR’s previously announced bought deal private placement from C$7.0 million to C$8.0 million. Under the revised offering, the Underwriters have agreed to purchase for resale 5,715,000 flow-through units of LUR to be sold to charitable purchasers (each, a “ Charity FT Unit ”) at a price of C$1.40 per Charity FT Unit (the “ Unit Price ”) on a “bought deal” private placement basis for gross proceeds of […]

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