Noble Plains Uranium Announces up to $900,000 Private Placement Financing - Verdeo - Marketing Portfolio & Agency Framer Template
Summary
Each whole warrant (each, a Warrant) will entitle the holder to acquire one additional Share at a price of $0.15 per Share for a period of two years from the date of issuance.The Company expects to use the proceeds of the Offering to carry out exploration work on the Companys Duck Creek and Shirley Central uranium projects located in the prolific Powder River Basin and past producing Shirley Basin of Wyoming, as well as for general working capital purposes.The Company may pay finders fees consisting of cash in the amount of up to 7% of the gross proceeds raised in the Offering and non-transferable share purchase warrants (the Finders Warrants) in an amount up to 7% of the number of Units sold under the Offering. Our strategy targets historically drilled and underexplored assets in proven jurisdictions, with the objective of rapidly delineating NI 43101-compliant resources and building a scalable inventory of domestic uranium.On Behalf of the Board of Directors,For further information, please contact: Drew Zimmerman: (778) 686-0973Bradley Parkes, P.Geo., VP Exploration and Director of Noble Plains Uranium Corp., is the Qualified Person as defined in National Instrument 43-101, who has read and approved the technical content of this news release.This news release includes certain forward-looking statements as well as managements objectives, strategies, beliefs and intentions. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including but not limited to: the Companys ability to complete the Offering as announced or at all; the receipt of all necessary regulatory approvals the speculative nature of mineral exploration and development, fluctuating commodity prices, competitive risks and the availability of financing, as described in more detail in our recent securities filings available at www.sedarplus.ca. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.Neither the TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.