On Tuesday, Jaguar Uranium Corp. (JAGU.US) began trading on the US stock market, opening more than 35% higher at $5.50 per share, which triggered a trading halt. The company's IPO price was set at $4.00. Jaguar Uranium is a junior mining company based in Ontario, Canada, focused on the exploration and development of uranium resources in South America, primarily in Colombia and Argentina. Founded in 2022, the company has not yet generated revenue and currently holds three uranium exploration projects in Latin America. These include the Berlin project in Colombia, as well as the Laguna and Huemul projects in Argentina. Uranium serves as a raw material for nuclear fuel and holds significant importance in nuclear power generation and the production of certain strategic metal by-products.
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