By Sheri Kasprzak
New York, Sept. 29 - International Uranium Corp. said it has arranged a private placement for up to C$45 million.
The non-brokered deal includes up to 6 million shares at C$7.50 each.
Proceeds from the offering will be used to reopen mines in the United States. The rest will be used for working capital.
Based in Vancouver, B.C., International Uranium is a mineral exploration company.
| Issuer: | International Uranium Corp.
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| Issue: | Stock
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| Amount: | C$45 million (maximum)
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| Shares: | 6 million (maximum)
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| Price: | C$7.50
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| Warrants: | No
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| Pricing date: | Sept. 29
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| Stock price: | C$7.65 at close Sept. 28
|
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