Uranium Participation Corporation Announces Upsize to Bought Deal Financing

Uranium Participation Corporation Announces Upsize to Bought Deal Financing

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TORONTO, May 4, 2021 /CNW/ – Uranium Participation Corporation ("UPC" or the "Company") (TSX: U ) has entered into an agreement with Cormark Securities Inc. and Cantor Fitzgerald Canada Corporation (the "Co-Lead Underwriters") on behalf of a syndicate of underwriters including Canaccord Genuity Corp., Sprott Capital Partners LP, Haywood Securities Inc., Raymond James Ltd., Scotia Capital Inc. and TD Securities Inc. (collectively, the "Underwriters") pursuant to which the Company and the Underwriters have agreed to increase the size of the previously announced $50 million bought deal offering. Pursuant to the upsized deal terms, the Underwriters have agreed to purchase on a bought deal basis 13,462,000 common shares of the Company (the "Shares") at a price of $5.20 per Share, representing total […]

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