American Uranium placement includes 1-for-2 options at A$0.16 expiring June 2029

Reuters04-09
American <a href="https://laohu8.com/S/UEC">Uranium</a> placement includes 1-for-2 options at A$0.16 expiring June 2029
  • American Uranium launched A$2.64 million placement at A$0.12 per share, tied to issuance of 1 free-attaching option for every 2 placement shares, subject to shareholder approval.
  • Options carry A$0.16 exercise price, set to expire June 30, 2029.
  • Company also outlined non-renounceable entitlement offer to raise up to about A$2.58 million at A$0.12 per share, offering same 1-for-2 free-attaching options on identical terms.
  • Allotment of 22,000,000 placement shares expected around April 16, 2026.


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