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UEX Corp (UEX.TO)

UEX.TO on Toronto Stock Exchange

0.30CAD
24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

UEX and Sprott Capital Partners announce $6 mln private placement
Wednesday, 18 Jan 2017 07:30am EST 

Uex Corp : Uex and sprott capital partners announce $6.0 million private placement . Uex corp- sprott capital partners agreed to act on behalf of co for a combined private of up to 16 million units of co at price of c$0.25 per unit .Sprott capital partners agreed to act on behalf of co for combined private placement of 6.7 million shares of co at c$0.30 per ft share.  Full Article

UEX signs Christie Lake joint venture agreement
Thursday, 21 Jul 2016 07:45am EDT 

Uex Corp : Says JCU (Canada) exploration company limited have signed a joint venture agreement for Christie Lake Project . Says UEX holds an option to earn up to a 70 pct interest in project . Christie Lake Joint venture agreement signed . Project is currently owned 10% by UEX and 90% by jcu . Says fully vesting a 70 pct interest in project . UEX will remain operator of Christie Lake Project . UEX will have right, at a minimum, to set annual exploration program and budget to meet its commitments under option agreement .Initial operator of joint venture will be selected by a majority vote of management committee.  Full Article

UEX Corp announces $4.0 million "flow-through" private placement
Thursday, 28 Apr 2016 08:27am EDT 

UEX Corp:Says to sell 16,000,000 common shares at a price of $0.25 per share.Intends to use the gross proceeds of the "flow-through" Offering to fund exploration of the Company's uranium properties.  Full Article

UEX Corp signs LOI on advanced stage Athabasca Uranium Project
Monday, 26 Oct 2015 06:09am EDT 

UEX Corp:Signs loi on advanced stage athabasca uranium project.Signed loi, with jcu (Canada) exploration co limited that will allow company to earn up to a 70% interest in jcu's christie lake project.Signing of loi grants UEX exclusive right to negotiate formal option agreement with jcu on christie lake project for 90 days.Says UEX has also agreed to fund $15 million exploration expenditures on the christie lake project over the same period of time.UEX will earn an incremental interest in the project for each annual cash payment and exploration work commitment completed.Says in return for the exclusivity during the negotiations, UEX will pay $250,000 to jcu upon signing of the loi.Cos have agreed that UEX shall make staged payments totaling $7 million to jcu between January 1, 2016 and January 1, 2020.  Full Article

UEX Corp announces $2.5 mln private placement
Tuesday, 21 Apr 2015 09:36am EDT 

UEX Corp:Enters into an agreement with Marquest Capital, Secutor Capital and Raymond James Ltd.Agents have agreed to act as agents for the offering of common shares of the Company which will qualify as "flow-through" shares pursuant to the Income Tax Act at a price of $0.30 per flow-through share to raise about $2,500,000, on a "best efforts" private placement basis.Agents will receive a cash commission on the sale of the flow-through shares equal to 5 pct of the gross proceeds raised.Intends to use the gross proceeds of the Offering to fund exploration of the Company's uranium properties.Closing of the Offering is anticipated to occur on or about May 4.  Full Article

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