Brief: Uranium Participation Corp Announces $50 Mln Bought Deal Financing

Sprott Physical Uranium Trust

03/05/2021 23:19

May 3 (Reuters) - Uranium Participation Corp  U.TO :
    * URANIUM PARTICIPATION CORPORATION ANNOUNCES $50 MILLION
BOUGHT
DEAL FINANCING
    * URANIUM PARTICIPATION CORP - UNDERWRITERS HAVE AGREED TO
PURCHASE ON BOUGHT DEAL BASIS 9.6 MILLION COMMON SHARES AT PRICE
OF $5.20 PER SHARE
    * URANIUM PARTICIPATION CORP - NET PROCEEDS OF OFFERING WILL
BE
USED BY COMPANY TO FUND FUTURE PURCHASES OF U(3)O(8) AND/OR
UF(6)

Source text for Eikon:  ID:nCNWRkt9Ya 
Further company coverage:  U.TO 

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