- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Uranium Energy has announced that it has now closed its previously announced public offering for gross proceeds of approximately US$20 million.
Uranium Energy (NYSEAmerican:UEC) has announced that it has now closed its previously announced public offering of 12,613,049 units of the company, at a price of US$1.60 per unit, for gross proceeds of approximately US$20 million.
According to the company, each unit consists of one common share of the company (each, a “Share”) and one-half of one common share purchase warrant.
As quoted from the press release:
The net proceeds of the offering will be used to fund exploration and development expenditures at the company’s projects and for general corporate and working capital purposes.
H.C. Wainwright & Co., LLC and Haywood Securities Inc. acted as joint book-running managers in connection with the offering, and TD Securities Inc., Eight Capital, Roth Capital Partners, LLC and Sprott Private Wealth LP acted as co-managers.
A “shelf” registration statement relating to the shares of common stock and warrants to be issued in the Offering was filed in both in the United States with the Securities and Exchange Commission and declared effective by the SEC on March 10, 2017 and in Canada.
A final prospectus supplement and accompanying prospectus describing the terms of this offering was filed in both the United States and in Canada.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.