Global Uranium Corp. Announces Amendment to LIFE Offering for C$1,500,000
Globenewswire·2025-09-17 20:15

Core Points - Global Uranium Corp. has amended its financing terms to increase the minimum amount to be raised to C$1,500,000 under the Listed Issuer Financing Exemption [1] - The amended offering involves a non-brokered private placement of a minimum and maximum of 10,000,000 units at a price of C$0.15 per unit, with each unit consisting of one common share and one share purchase warrant [1] - The anticipated closing date for the offering is on or about September 19, 2025, subject to regulatory approvals [1] Financing Details - The offering aims to raise a minimum of C$1,500,000, with each unit priced at C$0.15, comprising one common share and one warrant [1] - Each warrant allows the holder to purchase one share at C$0.20 for a period of 24 months from the closing date [1] - The net proceeds will be allocated for exploration activities, general administrative expenditures, and working capital [1] Regulatory Compliance - The securities will be offered to purchasers in all provinces of Canada except Quebec, and will not be subject to resale restrictions under Canadian securities laws [2] - The offering document dated September 17, 2025, contains further details and can be accessed on the company's profile and website [3] Company Overview - Global Uranium Corp. focuses on exploring and developing uranium assets primarily in North America, holding key projects in Saskatchewan, Canada, and Wyoming, USA [5]