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An update from Indigo Exploration ( (TSE:NOBL) ) is now available.
Noble Plains Uranium Corp. has announced a non-brokered private placement financing of up to $900,000 through the issuance of 10,000,000 units at $0.09 per unit. The proceeds will be used for exploration work on the company’s Duck Creek and Shirley Central uranium projects in Wyoming and for general working capital. This financing move is expected to bolster the company’s exploration activities in the Powder River Basin and Shirley Basin, potentially enhancing its resource base and market positioning.
More about Indigo Exploration
Noble Plains Uranium Corp. is a U.S.-focused uranium exploration and development company. It specializes in advancing high-potential projects suitable for In Situ Recovery (ISR), a cost-effective and environmentally friendly uranium extraction method. The company’s strategy involves targeting historically drilled and underexplored assets in proven jurisdictions to quickly delineate NI 43-101-compliant resources and build a scalable inventory of domestic uranium.
Average Trading Volume: 115,743
Technical Sentiment Signal: Buy
Current Market Cap: C$6.64M
Learn more about NOBL stock on TipRanks’ Stock Analysis page.