Labrador Uranium Inc. is pleased to announce that it has closed its previously announced "bought deal" brokered private placement, pursuant to which LUR sold 18,672,000 subscription receipts at a price of C$0.35 per Subscription Receipt and 14,359,698 flow-through subscription receipts at a price of C$0.42 per FT Subscription Receipt, for aggregate gross proceeds of C$12,566,273 , which includes the partial exercise
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