UraniumX Finalizes Private Placement with $1.16 Million Raised

UraniumX Discovery Corp. has successfully concluded the final tranche of its non-brokered private placement, securing total gross proceeds of $1,162,200.07. The latest round involved issuing 660,000 flow through shares at $0.17 each, generating an additional $112,200. These shares are qualified under the Canadian Income Tax Act's flow through provisions, benefiting investors with possible tax deductions.

The raised funds will support exploration efforts at the company's Murphy Lake and Zoo Bay sites. All issued securities are under a hold period until August 17, 2026. A finder's fee of $7,854 was paid in connection with this issuance.