"Sprott Physical Uranium Trust (SPUT) announced a US$100.05 million bought-deal financing with Canaccord Genuity as the underwriter. The deal involves the sale of 5,800,000 units at US$17.25 each, with the net proceeds per unit at least equal to the Trust’s most recently calculated net asset value per unit before pricing. The offering is subject to regulatory approvals, including from the Toronto Stock Exchange."
LOT Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held
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