First Uranium – Raising equity financing

First Uranium (TSX: FIU) announced they closed a $52 million equity financing at $1/share. They had originally had $46 million subscribed with a $6M greenshoe embedded. This is about a 22% dilution of equity interests in the company, but they need this money to bridge their future operations and implement their capital plan: —————————————————————————- FIU … Continue reading First Uranium – Raising equity financing