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Myriad Uranium Corp., a Canadian uranium exploration company, holds a 75% interest in the Copper Mountain Uranium Project in Wyoming, USA. The Company also has exploration licenses in Niger and Nova Scotia. With recent acquisitions of new prospects, including the Midnight Prospect and Bonanza-Kermac mines, Myriad is expanding its portfolio. Utilizing historical data, Myriad aims to fast track evaluation and development of these high-grade uranium resources. Strategic partnerships and recent mining lease agreements underscore the Company's commitment to advancing its projects.
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Myriad Uranium Corp. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) announced the issuance of 1,425,000 stock options to directors, officers, and consultants of the Company. Each option is exercisable for one common share at an exercise price of $0.20 per share for five years from the date of grant. The issuance is considered a 'related party transaction' under Multilateral Instrument 61-101 ('MI 61-101'), exempt from formal valuation and minority shareholder approval requirements as it does not exceed 25% of the market capitalization of the Company.
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Myriad Uranium Corp. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) has successfully closed a non-brokered private placement, raising $761,800 through the issuance of 5,078,666 units at a price of $0.15 per unit. Each unit consists of one common share and one-half of one share purchase warrant, with each full warrant entitling the holder to purchase one common share at an exercise price of $0.25 until June 15, 2025. The Company will use the proceeds for general working capital. The Financing is subject to a four month hold period in accordance with applicable Canadian securities laws, which expires April 16, 2024. Directors and officers of the Company participated in the Financing, exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as the fair market value of such participation does not exceed 25% of the market capitalization of the Company.
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Myriad Uranium Corp. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) announces a non-brokered private placement of up to $500,000 at $0.15 per unit, consisting of one common share and one-half of one share purchase warrant. The Company plans to use the proceeds for general working capital.
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Myriad Uranium Corp (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) appoints Tom Lee, Co-Founder and President of Canid Capital, as a director, effective immediately. Mr. Lee brings extensive experience in capital markets consulting and institutional equity sales, with over $1B in transactions. His appointment follows the resignation of Mr. Guy Pinsent, who has contributed to the Company's success.
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Myriad Uranium Corp. reports historical resource estimates for the Copper Mountain Uranium Project in Wyoming. The estimates range from 15.7 million pounds to 30.1 million pounds of eU3O8, with potential for up to 63.8 million pounds. The project comprises 110 mineral claims and includes known uranium deposits and past-producing mines. The historical data suggests high-grade material and potential for brownfield exploration. Copper Mountain material is amenable to heap leach and in situ recovery methods. Verification is still needed, but the data is considered relevant and reliable.
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Myriad Uranium Corp. signs property option agreement with Rush Rare Metals Corp. for the Copper Mountain Project in Wyoming.
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Myriad Uranium Corp. signs LOI with Rush Rare Metals Corp. to earn up to 75% interest in Copper Mountain Project in Wyoming. Due diligence period expires in 30 days. Positive potential for significant global uranium prospect. Myriad to acquire initial 50% interest by making cash payments and issuing shares. Option to acquire additional 25% interest by making expenditures. Joint venture agreement to be negotiated upon successful earning of initial interest.
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MYRIAD URANIUM CORP. announces waiver of exploration expenses, now holds 80% interest in Niger Projects
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FAQ
What is the current stock price of MYRIAD URANIUM (MYRUF)?
The current stock price of MYRIAD URANIUM (MYRUF) is $0.3094 as of October 15, 2024.
What is the market cap of MYRIAD URANIUM (MYRUF)?
The market cap of MYRIAD URANIUM (MYRUF) is approximately 21.1M.
What is Myriad Uranium Corp.?
Myriad Uranium Corp. is a Canadian uranium exploration company with interests in the US, Niger, and Canada. The Company holds a 75% interest in the Copper Mountain Uranium Project in Wyoming.
What recent acquisitions has Myriad made?
Myriad has acquired new prospects, including the Midnight Prospect and historic mines like Bonanza-Kermac, expanding its portfolio of high-grade uranium resources.
How does Myriad plan to advance its projects?
By utilizing proprietary historical data and forming strategic partnerships, Myriad aims to fast track evaluation, development, and potential production of its uranium resources.
What recent mining lease agreements has Myriad entered into?
Myriad's earn-in partner, Rush Rare Metals Corp., has secured a 20-year mining lease with Diamond X Ranch, LLC, enhancing access to key areas within the Copper Mountain Uranium Project.
Where can I find more information about Myriad Uranium Corp.?
For further details on Myriad's projects, acquisitions, and growth strategies, visit the Company's website or refer to its disclosure record on SEDAR+.
MYRIAD URANIUM CORP
OTC:MYRUF
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