The Conversation (0)
Plateau Uranium (TSXV:PLU) announced an increase to its financing. From C$3 million, it will now be C$3.4 million and consist of up to 7,555,556 units at a price of C$0.45 per Unit. All other terms of the Financing are the same.
As quoted in the press release:
Ted O’Connor, Plateau Uranium CEO, commented; “We are encouraged by the strong investor response to the private placement. We look forward to moving ahead with our planned program to advance the Macusani Plateau uranium project in Peru, and are excited to have the support of both new and existing shareholders as we enter into the next phase of development.”
The Financing is still expected to be completed on or about June 22, 2015 and remains subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange.
The securities referred to in this press release have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities in the United States or in any jurisdiction in which such offer, sale or solicitation would be unlawful.
Click here to read the Plateau Uranium (TSXV:PLU) press release
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