other material
confidence high
sentiment positive
materiality 0.75
Uranium Energy Corp closes $203M public offering to fund US uranium refining facility
URANIUM ENERGY CORP
- Sold 15.5M shares at $13.15/share for gross proceeds of $203,825,000.
- Net proceeds expected ~$201.3M (~$231.6M if underwriter option fully exercised).
- Funds to accelerate development of state-of-the-art US uranium refining and conversion facility by subsidiary UR&C.
- Underwriter granted 30-day option to purchase up to additional 2.325M shares.
- Goldman Sachs acted as sole underwriter for the offering.