UEX Closes C$5.0 Million Private Placement with Uranium Energy

UEX Closes C$5.0 Million Private Placement with Uranium Energy

The Company intends to use the proceeds from the Private Placement to fund its continued exploration programs at its projects in the Athabasca Basin and for general working capital purposes.

The Common Shares issued by UEX under the Private Placement are subject to a four month plus one day “hold period” as prescribed by the Toronto Stock Exchange (the “TSX”) and applicable securities laws. The Private Placement is subject to final approval of the TSX.

The securities offered have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act ") or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, United States persons absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This […]

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