Uranium Participation Corporation Announces $50 Million Bought Deal Financing

Uranium Participation Corporation Announces $50 Million Bought Deal Financing

The Underwriters also have an option to purchase up to an additional 1,442,400 Shares at the offering price (representing 15% of the Offering) on the Closing Date for market stabilization purposes and price to cover over-allotments for a period of 10 days after the Closing Date.

The net proceeds of the Offering will be used by the Company to fund future purchases of U 3 O 8 and/or UF 6 and for general corporate purposes.

The Shares to be issued under the Offering will be offered by way of a short form prospectus in each of the provinces of Canada, except Quebec, pursuant to National Instrument 44-101 – Short Form Prospectus Distributions and in the United States on a private placement basis pursuant to an exemption from the registration requirements of the United States Securities Act of 1933 , as amended, and such other jurisdictions as may be agreed upon by […]

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