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Myriad Uranium Upsizes Private Placement to C$7.5 Million Amid Strong Demand

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Myriad Uranium Upsizes Private Placement to C$7.5 Million Amid Strong Demand

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An update from Myriad Uranium Corp ( (TSE:M) ) is now available.

Myriad Uranium Corp. has announced an increase in its ‘bought deal’ private placement from C$6 million to C$7.5 million due to strong investor demand. The funds raised will be used for the exploration and advancement of the Copper Mountain Uranium Project in Wyoming and the Red Basin Project in New Mexico, as well as for general corporate purposes. This move is expected to bolster the company’s exploration capabilities and strengthen its market position in the uranium industry.

More about Myriad Uranium Corp

Myriad Uranium Corp. is a uranium exploration company with a significant interest in the Copper Mountain Uranium Project located in Wyoming, USA. The company focuses on exploring and advancing uranium projects, leveraging historical data and past developments to enhance its operations.

Average Trading Volume: 284,827

Technical Sentiment Signal: Buy

Current Market Cap: C$30.88M

For detailed information about M stock, go to TipRanks’ Stock Analysis page.

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