Terra Uranium launches $6m IPO to explore prolific Athabasca Basin

Terra Uranium launches $6m IPO to explore prolific Athabasca Basin

Terra Uranium is seeking to raise a minimum of $6 million through its offer of 30 million shares at $0.20 each. The company will trade on the ASX under ticker code ‘T92’. The targeting of greenfield discoveries and brownfield developments close to existing production infrastructure will be the order of business for junior explorer Terra Uranium when it plans to list on the Australian Securities Exchange (ASX) later this month.

The company is determined to play a role in a clean carbon-free economy by chasing the uranium potential of Canada’s prolific Athabasca Basin led by a management team based locally in Canada..

Terra was established in mid-2021 with 17 claims forming the 100% wholly-owned HawkRock, Parker Lane and Pasfield Lake projects.

Together, they cover 775 square kilometres on the eastern side of the basin and are approximately 50km to the west of multiple operating uranium mills, mines and known deposits. Initial public […]

About the author: StockMan
Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.
Posting Guidelines
Do
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!

Comments

No comments yet