By Sheri Kasprzak
New York, Jan. 3 - ESO Uranium Corp. said it completed the last tranche of its C$4,708,697 private placement.
The company issued 5,231,886 flow-through units at C$0.90 each on a non-brokered basis.
The units include one share and one warrant. The warrants are exercisable at C$1.50 each for 18 months.
The company first announced the deal as a C$4.5 million offering of up to 5 million units under the same terms on Dec. 12.
Proceeds will be used for exploration on the company's mineral properties in Saskatchewan and Ontario.
Based in Vancouver, B.C., ESO is a uranium exploration company.
| Issuer: | ESO Uranium Corp.
|
| Issue: | Flow-through units of one share and one warrant
|
| Amount: | C$4,708,697
|
| Units: | 5,231,886
|
| Price: | C$0.90
|
| Warrants: | One warrant per unit
|
| Warrant expiration: | 18 months
|
| Warrant strike price: | C$1.50
|
| Placement agent: | Non-brokered
|
| Pricing date: | Dec. 12
|
| Settlement date: | Jan. 3
|
| Stock price: | C$0.86 at close Dec. 12
|
| Stock price: | C$0.88 at close Jan. 3
|
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