NANO Nuclear Energy Announces Closing of $60 Million Private Placement with Three Accredited Institutional Investors
Summary
With this cash on hand, NANO Nuclear will be able to more readily advance and expedite its cutting-edge microreactors, auxiliary businesses, seek complimentary acquisitions and drive growth towards initial revenue generation.We are humbled to be supported by a growing number of institutional investors, said Jay Yu, Founder and Chairman of NANO Nuclear Energy. NNS is focusing on applications such as power systems for extraterrestrial projects and human sustaining environments, and potentially propulsion technology for long haul space missions. NNS initial focus will be on cis-lunar applications, referring to uses in the space region extending from Earth to the area surrounding the Moons surface.For more corporate information please visit:For further information, please contact:PLEASE FOLLOW OUR SOCIAL MEDIA PAGES HERE:This news release and statements of NANO Nuclears management in connection with this news release or related events contain or may contain "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors, which may be beyond our control. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.