By Laura Lutz
Des Moines, Aug. 2 - Nova Uranium Corp. has arranged a flow-through private placement with Mineralfields Group.
The company will issue up to one million flow-through shares at C$1.25 each.
Nova will use the proceeds to explore its Mont Laurier Uranium property in Quebec.
Nova is a Vancouver, B.C.-based uranium exploration and development company.
Issuer: | Nova Uranium Corp.
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Issue: | Flow-through shares
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Amount: | C$1.25 million
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Shares: | 1 million
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Price: | C$1.25
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Warrants: | No
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Placement agent: | Non-brokered
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Investor: | Mineralfields Group
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Pricing date: | Aug. 2
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Stock symbol: | TSX Venture: NUC
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Stock price: | C$1.17 at close Aug. 1
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