By Devika Patel
Knoxville, Tenn., June 1 - Ur-Energy Inc. said it completed a C$5 million private placement of stock via agent Rodman & Renshaw, LLC.
The company sold 5 million common shares at C$1.00 each to Blackrock, Inc.
Proceeds will be used to finance drilling and mine development and for general working capital and corporate purposes.
Based in Denver, Ur-Energy is a uranium exploration and development company.
Issuer: | Ur-Energy Inc.
|
Issue: | Common shares
|
Amount: | C$5 million
|
Shares: | 5 million
|
Price: | C$1.00
|
Warrants: | No
|
Agent: | Rodman & Renshaw, LLC
|
Investor: | Blackrock, Inc.
|
Settlement date: | June 1
|
Stock symbol: | Toronto: URE
|
Stock price: | C$0.96 at close May 31
|
Market capitalization: | C$91.1 million
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.