Key Developments: UEX Corp (UEXCF.PK)
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24 May 2013
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Latest Key Developments (Source: Significant Developments)
UEX Corp Announces $3.175 Million Private Placement
UEX Corp announced that it has agreed to complete a private placement of 6,350,000 flow-through common shares of UEX (the Flow-Through Shares) at a price of $0.50 per Flow-Through Share for total gross proceeds to UEX of $3,175,000 (the Private Placement). Closing of the Private Placement is anticipated to occur in June 2013and is subject to a number of conditions, including, without limitation, receipt of all regulatory approvals including approval of the Toronto Stock Exchange. The Flow-Through Shares will be subject to a four month plus one day hold period. Full Article
UEX Corporation Announces Closing Of Private Placement
UEX Corporation announced that it has closed its previously announced non-brokered private placement of 3,260,869 flow-through common shares of UEX at a price of $0.92 per Flow-Through Share for total gross proceeds to UEX of approximately $3,000,000. No finder's fee or commission was paid or is payable by UEX in connection with the Private Placement. The Private Placement is in addition to the bought deal short form prospectus financing completed by UEX on March 13, 2012. Full Article
UEX Corporation Announces Closing Of Bought Deal
UEX Corporation announced that it has closed its previously announced bought deal offering of 11 million common shares (which includes the exercise in full of the over-allotment option for 1 million common shares) at a price of $0.80 per share (the Offering) for aggregate gross proceeds of $8.8 million. Full Article
UEX Corporation Announces USD3 Million Private Placement
UEX Corporation announced that it has agreed to complete a non-brokered private placement of 3,260,869 flow-through common shares of UEX (the Flow-Through Shares) at a price of $0.92 per Flow-Through Share for total gross proceeds to UEX of approximately $3,000,000 (Private Placement). The Private Placement is in addition to the $8 million bought deal short form prospectus financing announced by UEX on February 17, 2012. Closing of the Private Placement is anticipated to occur in March 2012 and is subject to a number of conditions, including, without limitation, receipt of all regulatory approvals including approval of the TSX. Full Article
UEX Corporation Announces USD8 Million Bought Deal
UEX Corporation announced that it has entered into an agreement with Dundee Securities Ltd. as lead underwriter on behalf of a syndicate of underwriters including Raymond James Ltd. and PI Financial Corp. (Underwriters), to purchase 10,000,000 common shares of the Company (Common Shares) at a price of USD0.80 per Common Share for gross proceeds of USD8,000,000 on a bought deal basis (Offering). The net proceeds from the Offering will be used to fund exploration and development expenditures at the Company's Hidden Bay and Shea Creek projects and for general corporate purposes. Closing of the Offering is anticipated to occur on or about March 13, 2012 (Closing Date) and is subject to the receipt of applicable regulatory approvals including approval of the Toronto Stock Exchange. Full Article
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