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Cosa Appoints Justin Rodko as VP Corporate Development and Issues Shares to Denison
TMX Newsfile· 2026-01-14 13:00
Core Viewpoint - Cosa Resources Corp. has promoted Justin Rodko to Vice President of Corporate Development and issued common shares to Denison Mines Corp. as part of an acquisition agreement [1][4] Group 1: Management Changes - Justin Rodko, a Professional Geoscientist with over a decade of experience in uranium exploration, has been appointed as Vice President of Corporate Development [2] - Rodko previously held a senior role at IsoEnergy, contributing to the discovery of the Hurricane deposit, for which he received the AME 2022 Colin Spence Award [2][3] Group 2: Share Issuance and Financial Details - Cosa has issued 1,960,000 common shares to Denison at a deemed price of $0.3891 per share, as part of the deferred consideration under the acquisition agreement [4] - After this issuance, approximately C$1,487,364 remains payable to Denison, to be satisfied through future share issuances [4] Group 3: Denison's Stake in Cosa - Following the issuance of shares, Denison's ownership in Cosa increased from 16.85% to 18.26% of the issued and outstanding shares [5] - Denison intends to continuously review its investment in Cosa and may acquire or dispose of additional securities as circumstances dictate [5] Group 4: Company Overview and Strategic Focus - Cosa Resources is a Canadian uranium exploration company with a portfolio of approximately 237,000 hectares in the Athabasca Basin [7] - The company is focused on drilling at the Darby and Murphy Lake North projects in 2026, which are joint ventures with Denison [10]
Atomic Minerals Announces Non-Brokered Life Offering and Concurrent Private Placement of up to $400,000
TMX Newsfile· 2025-12-22 23:15
Core Viewpoint - Atomic Minerals Corporation is conducting a non-brokered private placement to raise funds for exploration activities in Canada, specifically targeting uranium projects in Saskatchewan [1][5]. Group 1: Offering Details - The company plans to issue up to 1,066,560 flow-through common shares at a price of $0.125 per share, aiming for gross proceeds of up to $133,320 through the LIFE Offering [1]. - Concurrently, a private placement of up to 2,133,440 flow-through shares at the same price is expected to raise an additional $266,680 [1]. - The LIFE Offering is available to Canadian residents, excluding Québec, and will not have a hold period, while the Concurrent Private Placement will have a statutory hold period of four months plus one day [2]. Group 2: Use of Proceeds - The net proceeds from both offerings will be utilized to fund Canadian exploration expenses that qualify as "flow-through mining expenditures" under the Income Tax Act [5]. Group 3: Company Overview - Atomic Minerals Corporation is publicly listed on the TSXV under the symbol ATOM and is focused on identifying exploration opportunities in underexplored regions with geological similarities to areas with previous uranium discoveries [7]. - The company's property portfolio includes uranium projects in three North American locations, with significant technical merit and historical production [8].
F3 Announces Upsize of Bought Deal LIFE Private Placement for Gross Proceeds of C$17 Million
Newsfile· 2025-09-11 16:58
Core Viewpoint - F3 Uranium Corp. has announced an increase in its private placement offering from C$15 million to C$17 million due to strong investor demand [2]. Group 1: Offering Details - The offering consists of Units and Flow-Through (FT) Units, with each Unit comprising one common share and one-half of a warrant [4]. - The FT Units will be issued as flow-through shares, qualifying for tax benefits under Canadian regulations [4]. - The lead underwriter for the offering is Red Cloud Securities Inc., which has an option to purchase additional units for up to C$3 million in gross proceeds [5]. Group 2: Use of Proceeds - Proceeds from the offering will be allocated to fund exploration projects in the Athabasca Basin and for general corporate purposes [6]. - The gross proceeds from FT Shares will be used to incur eligible Canadian exploration expenses related to uranium projects [7]. Group 3: Offering Structure - The offering includes 25 million units at a price of C$0.20 per Unit, 23.33 million federal flow-through units at C$0.30 each, and 15.15 million Saskatchewan flow-through units at C$0.33 each [8]. - The offering is scheduled to close on October 1, 2025, subject to regulatory approvals [12]. Group 4: Company Overview - F3 Uranium Corp. focuses on uranium exploration, particularly in the high-grade JR Zone and Tetra Zone in the Athabasca Basin, which is known for significant uranium deposits [14].
Stallion Uranium Completes Second and Final Tranche of Oversubscribed $15,000,000 Non-Brokered Private Placement
Globenewswire· 2025-09-02 13:57
Core Viewpoint - Stallion Uranium Corp. has successfully completed a $15 million financing through a non-brokered private placement, enhancing its position to advance exploration in the Athabasca Basin as global uranium demand increases [2][8]. Group 1: Financing Details - The second tranche of the Offering closed with 22,305,600 NFT Units and 30,139,600 FT Units, raising gross proceeds of $4,461,120 and $6,027,920 respectively [1][2]. - The total gross proceeds from both tranches amount to $15,000,000, with 43,545,400 NFT Units and 31,454,600 FT Units issued [2]. Group 2: Unit Structure - Each FT Unit consists of one flow-through common share and one FT Warrant, allowing the purchase of an additional FT Share at $0.26 for 60 months [3]. - Each NFT Unit consists of one non-flow-through common share and one NFT Warrant, allowing the purchase of an additional NFT Share at $0.26 for 60 months [4]. Group 3: Use of Proceeds - Proceeds from the FT Units will be allocated to exploration expenditures on resource claims in Saskatchewan, qualifying as "Canadian exploration expenses" [8]. - Net proceeds from the NFT Units will be used for exploration and development activities in the Athabasca Basin, as well as for working capital and general corporate purposes [8]. Group 4: Insider Participation - A new Control Person, Mr. Matthew Mason, emerged from the Offering by purchasing 15,000,000 FT Units, which required approval from disinterested shareholders [7][12]. Group 5: Advisory Fees - The Company paid a total of $375,000 in advisory fees to Canaccord Genuity Corp. and Taylor K. Housser, with payments made through the issuance of units matching the terms of the NFT Units [9][10].