CSE:NF OTCQX:NFUNF
Nuclear Fuels Inc. announced today an increase to its previously announced private placement to 2,446,483 units, for gross proceeds of $856,259, as a result of
enCore Energy Corp. exercising its right to maintain its pro-rata ownership. Gregory Huffman will be purchasing 2,000,000 units in conjunction with his appointment as Chief Executive Officer of Nuclear Fuels. enCore Energy Corp., a NASDAQ-listed company and Nuclear Fuels' largest shareholder, will purchase 446,483 units to maintain their pro rata share ownership of the Company at 18.3%. Each unit consists of one common share and one-half of one share purchase warrant, each whole warrant entitling the holder to purchase one common share at a price of $0.55 for a period of two years from ...