UraniumX Raises $1.05 Million in Flow-Through Share Financing for Athabasca Exploration

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2026.04.02 03:02
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UraniumX Discovery Corp. has successfully raised $1.05 million through a private placement of 6,176,471 flow-through shares priced at $0.17 each. The funds will be used for exploration expenses in the Athabasca Basin, particularly at the Murphy Lake and Zoo Bay uranium properties. The shares are subject to a hold period until August 1, 2026, and the company incurred $73,500 in finders’ fees. This financing enhances UraniumX's capacity to advance its exploration efforts in a key uranium mining region in Canada.