CanAlaska Announces $5M Private Placement Financing
CanAlaska Uranium (TSXV: CVV) (OTCQX: CVVUF) has announced a non-brokered private placement to raise up to $5,000,000.20. The company plans to issue up to 7,692,308 common shares at a price of $0.65 per share. Proceeds from the offering will be used for work programs on exploration properties and general working capital. The shares will be offered to qualified investors under applicable securities exemptions. CanAlaska will pay finders' fees to eligible finders, subject to compliance with regulations. All issued securities will have a four-month and one-day hold period. The offering's completion and finders' fees payment are subject to regulatory approvals, including TSXV approval.
CanAlaska Uranium (TSXV: CVV) (OTCQX: CVVUF) ha annunciato un collocamento privato non intermediato per raccogliere fino a 5.000.000,20 dollari. La società prevede di emettere fino a 7.692.308 azioni ordinarie a un prezzo di 0,65 dollari per azione. I proventi dell'offerta saranno utilizzati per programmi di lavoro su proprietà esplorative e per capitale operativo generale. Le azioni saranno offerte a investitori qualificati secondo le esenzioni previste dalla normativa sui titoli. CanAlaska pagherà commissioni ai trovatutti idonei, nel rispetto delle normative. Tutti i titoli emessi avranno un periodo di blocco di quattro mesi e un giorno. Il completamento dell'offerta e il pagamento delle commissioni ai trovatutti sono soggetti ad approvazioni normative, compresa l'approvazione da parte della TSXV.
CanAlaska Uranium (TSXV: CVV) (OTCQX: CVVUF) ha anunciado un colocación privada no intermediada para recaudar hasta $5,000,000.20. La empresa planea emitir hasta 7,692,308 acciones comunes a un precio de $0.65 por acción. Los ingresos de la oferta se utilizarán para programas de trabajo en propiedades de exploración y capital de trabajo general. Las acciones se ofrecerán a inversores calificados bajo las exenciones de valores aplicables. CanAlaska pagará tarifas de agentes a los buscadores elegibles, sujeto al cumplimiento de las regulaciones. Todos los valores emitidos tendrán un período de retención de cuatro meses y un día. La finalización de la oferta y el pago de tarifas a buscadores están sujetos a aprobaciones regulatorias, incluida la aprobación de la TSXV.
CanAlaska Uranium (TSXV: CVV) (OTCQX: CVVUF)가 최대 $5,000,000.20을 모금하기 위한 비중개 사모 배급을 발표했습니다. 이 회사는 7,692,308주의 보통주를 주당 $0.65의 가격으로 발행할 계획입니다. 이번 공모금은 탐사 자산에 대한 작업 프로그램과 일반 운영 자본에 사용될 것입니다. 주식은 해당 증권 면제 규정에 따라 자격이 있는 투자자에게 제공됩니다. CanAlaska는 규정을 준수하는 조건에 따라 자격 있는 중개인에게 수수료를 지급할 것입니다. 모든 발행 증권은 4개월 1일의 보유 기간이 있습니다. 이번 공모의 완료 및 중개인 수수료 지급은 TSXV의 승인 등 규제 승인을 받는 것이 조건입니다.
CanAlaska Uranium (TSXV: CVV) (OTCQX: CVVUF) a annoncé un placement privé sans courtage visant à lever jusqu'à 5 000 000,20 $. La société prévoit d'émettre jusqu'à 7 692 308 actions ordinaires à un prix de 0,65 $ par action. Les produits de l'offre seront utilisés pour des programmes de travail sur des propriétés d'exploration et pour le fonds de roulement général. Les actions seront offertes à des investisseurs qualifiés sous les exemptions de valeurs mobilières applicables. CanAlaska paiera des frais aux agents pour les agents éligibles, sous réserve du respect des réglementations. Tous les titres émis auront une période de blocage de quatre mois et un jour. L'achèvement de l'offre et le paiement des frais des agents sont soumis à l'approbation des autorités réglementaires, y compris celle de la TSXV.
CanAlaska Uranium (TSXV: CVV) (OTCQX: CVVUF) hat eine nicht vermittelte Privatplatzierung angekündigt, um bis zu 5.000.000,20 $ zu sammeln. Das Unternehmen plant, bis zu 7.692.308 Stammaktien zu einem Preis von 0,65 $ pro Aktie auszugeben. Die Erlöse aus dem Angebot werden für Arbeitsprogramme in Explorationsgebieten und für allgemeines Betriebskapital verwendet. Die Aktien werden qualifizierten Investoren im Rahmen der geltenden Wertpapierausnahmen angeboten. CanAlaska wird berechtigten Vermittlern Findergebühren zahlen, vorbehaltlich der Einhaltung der Vorschriften. Alle ausgegebenen Wertpapiere haben eine Haltefrist von vier Monaten und einem Tag. Der Abschluss des Angebots und die Zahlung der Findergebühren unterliegen den Genehmigungen der Aufsichtsbehörden, einschließlich der Genehmigung der TSXV.
- Raising up to $5,000,000.20 in new capital
- Funds to be used for exploration work programs and working capital
- Offering price of $0.65 per share
- Potential dilution for existing shareholders due to issuance of up to 7,692,308 new shares
- Four-month and one-day hold period on new shares may limit liquidity
Vancouver, British Columbia--(Newsfile Corp. - September 6, 2024) - CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7) ("CanAlaska" or the "Company") announces that it proposes to undertake a non-brokered private placement of up to 7,692,308 common shares (the "Shares") at a purchase price of
The gross proceeds received from the sale of the Shares will be used for work programs on the Company's exploration properties and for general working capital.
The Shares will be offered to qualified investors in reliance upon exemptions from the prospectus and registration requirements of applicable securities legislation. The Company will pay finders' fees to eligible finders in connection with the Offering, subject to compliance with applicable securities laws and the policies of the TSXV.
All securities issued and sold under the Offering will be subject to a hold period expiring four months and one day from their date of issuance. Completion of the Offering and the payment of any finders' fees remain subject to the receipt of all necessary regulatory approvals, including the approval of the TSXV.
About CanAlaska Uranium
CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7) is a Canadian based exploration company and holds interest in approximately 500,000 hectares (1,235,000 acres) in Canada's Athabasca Basin focused on exploration and discovery of high-grade unconformity uranium deposits. The Company is actively advancing the Pike Zone discovery - a new high-grade uranium discovery on its West McArthur Joint Venture project in the eastern Athabasca Basin. In addition, the Company has several other uranium-focused exploration programs. CanAlaska deploys a hybrid project generator model, focusing on the acquisition and sale of prospective projects, while also executing exploration programs on CanAlaska's most strategic land holdings. The Company's extensive portfolio has attracted international mining companies, including Cameco Corporation and Denison Mines as active partners. CanAlaska is led by an experienced team of professionals with a proven track record of discovery.
The Company's head office is in Saskatoon, Saskatchewan, Canada with a satellite office in Vancouver, BC, Canada. For further information visit www.canalaska.com.
The Qualified Person under National Instrument 43-101 Standards of Disclosure for Mineral Projects for this news release is Nathan Bridge, MSc., P. Geo., Vice-President Exploration for CanAlaska Uranium Ltd., who has reviewed and approved its contents.
On behalf of the Board of Directors
"Cory Belyk"
Cory Belyk, P.Geo., FGC
CEO, President and Director
CanAlaska Uranium Ltd.
Contacts:
Cory Belyk, CEO and President
Tel: +1.306.668.6900
Email: cbelyk@canalaska.com
General Enquiry
Tel: +1.306.668.6915
Email: info@canalaska.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking information
All statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will prove inaccurate, certain of which are beyond the Company's control. Readers should not place undue reliance on forward-looking statements. Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date hereof or revise them to reflect the occurrence of future unanticipated events.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/222459
FAQ
What is the purpose of CanAlaska Uranium's (CVVUF) $5M private placement?
How many shares is CanAlaska Uranium (CVVUF) offering in its September 2024 private placement?
What is the price per share for CanAlaska Uranium's (CVVUF) private placement announced on September 6, 2024?
Will there be a hold period for shares issued in CanAlaska Uranium's (CVVUF) private placement?
