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Generation Uranium Completes Private Placement and Grants Stock Options

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Generation Uranium Completes Private Placement and Grants Stock Options

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Generation Gold Corp. Class A ( (TSE:GEN) ) has shared an update.

Generation Uranium Inc. has successfully closed the second and final tranche of its non-brokered private placement, raising a total of $687,500 through the issuance of common shares. The funds will be utilized for general working capital and corporate purposes. Additionally, the company has granted stock options to certain directors, officers, and consultants, further aligning their interests with the company’s growth objectives.

More about Generation Gold Corp. Class A

Generation Uranium Inc. is a natural resource company focused on the exploration and development of mineral properties. The company holds a 100% interest in the Yath Uranium Project located in the Territory of Nunavut.

Average Trading Volume: 115,940

Technical Sentiment Signal: Hold

Current Market Cap: C$2.61M

For an in-depth examination of GEN stock, go to TipRanks’ Overview page.

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