By Devika Patel
Knoxville, Tenn., Oct. 15 - NWT Uranium Corp. said it took in C$1 million in a non-brokered private placement of shares.
The company sold 20 million common shares at C$0.05 apiece.
Proceeds will be used for exploration and development activities at the corporation's Picachos project in Durango, Mexico, and general working capital.
NWT Uranium is a Toronto-based mineral exploration stage company.
| Issuer: | NWT Uranium Corp.
|
| Issue: | Common shares
|
| Amount: | C$1 million
|
| Shares: | 20 million
|
| Price: | C$0.05
|
| Warrants: | No
|
| Agent: | Non-brokered
|
| Settlement date: | Oct. 15
|
| Stock symbol: | TSX Venture: NWT
|
| Stock price: | C$0.055 at close Oct. 15
|
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