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Provider: Reuters Investment Profile
Provider: GlobalData
Provider: GlobalData
Provider: GlobalData

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Forum Uranium Corp Closes Third Tranche Of Private Placement

Friday, 8 Mar 2013 03:59pm EST 

Forum Uranium Corp announced that on January 14, 2013, January 23, 2013 and February 15, 2013. The Company has raised an additional $312,700 through the issuance of 395,000 flow through common shares at a price of $0.40 per flow through share and 442,000 units at a price of $0.35 per unit. Each unit consists of one common share and one share purchase warrant. Each warrant entitles the holder thereof to acquire one common share at a price of $0.49 for a period of two years expiring March 5, 2015. Proceeds from this financing will be used for drilling in the Maurice Bay deposit(i) area on the NW Athabasca project, exploration on the newly acquired Clearwater claims adjacent to the Fission/Alpha PLS discovery in the Athabasca Basin and for general working capital. 

Company Quote

0.01 +11.76%
24 Dec 2014