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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (9251)	9/29/2014 11:24:56 AM
From: Goose94	Read Replies (1) \| Respond to of 202865

UEX (UEX-T) Sept 29, '14 is pleased to announce that it has closed its previously announced flow-through common share offering (the "Offering") with Raymond James Ltd. (the "Agent") on a "best efforts" private placement basis for 7,176,390 common shares of the Company which qualify as "flow-through" shares pursuant to the Income Tax Act (Canada) at a price of $0.43 per flow-through share for total gross proceeds to UEX of $3,085,848. Cameco Corporation has advised the Company that it intends to waive its pre-emptive right to participate in the Offering. The Agent received a cash commission on the sale of the flow-through shares equal to 5% of the gross proceeds raised. UEX intends to use the proceeds of the Offering to fund exploration of the Company's uranium properties. The securities issued by UEX in connection with the Offering are subject to a four month plus one day "hold period" as prescribed by the Toronto Stock Exchange and applicable securities laws. On behalf of the Board of Directors of UEX "Roger Lemaitre"