Uranium Energy Corp. (AMEX: UEC) Completes Closing of Private Placement Offering
Uranium Energy Corp. announced that it has closed the previously announced private placement offering. The company made the following statement concerning the agreement, "The Company has now issued an aggregate of 1,800,000 units (each a “Unit”), at a subscription price of $3.75 per Unit and for gross proceeds of $6,750,000, with each Unit being comprised of one common share (each a “Unit Share”) and one transferable common stock purchase warrant (each a “Warrant”) of the Company, and with each Warrant being exercisable for one additional common share of the Company (each a “Warrant Share”) at an exercise price of $4.25…