representative work

Labrador Uranium Completes $10 Million Bought Deal Private Placement


On April 28, 2022, Labrador Uranium Inc. closed a bought deal private placement of 7,144,000 flow-through units, which were sold to charitable purchasers at a price of $1.40 per flow-through unit, for gross proceeds of approximately $10 million, which includes the full exercise of the underwriters’ over-allotment option. Each flow-through unit is comprised of one common share, issued as a “flow-through share” within the meaning of the Income Tax Act (Canada) and one-half of one common share purchase warrant issued on a non-flow-through basis.

Cassels acted for Labrador Uranium.

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