Add
UEC to Portfolio
Set Alert
Email to a
Friend
| |||
|
|
Quotes & Info
|
| UEC > SEC Filings for UEC > Form 8-K on 14-Jul-2008 | All Recent SEC Filings |
14-Jul-2008
Unregistered Sale of Equity Securities, Financial Statements and Exhibits
Effective on July 11, 2008, Uranium Energy Corp. (the "Company") completed its previously announced non-brokered private placement pursuant to which the Company has now issued from treasury an aggregate of 6,372,749 units of the Company (each a "Unit"), at a subscription price of $2.40 per Unit, for gross proceeds of $15,294,597.60.
Each Unit is comprised of one common share (each a "Unit Share") and one-half of one transferable common stock purchase warrant (each a "Warrant") of the Company. Each whole Warrant is exercisable for one additional common share of the Company (each a "Warrant Share") at an exercise price of $3.10 per Warrant Share for a period of two year from closing.
The Company relied on exemptions from registration under the United States Securities Act of 1933, as amended, provided by Regulation D and Regulation S, based on representations and warranties provided by the purchasers of the Units in their respective subscription agreements entered into between each purchaser and the Company.
The net proceeds of the offering will be used to advance the Company's Goliad project, for other exploration and development activities, for land and project acquisitions and for general corporate purposes.
(a) Financial Statements of Business Acquired.
(b) Pro forma Financial Information.
Not applicable.
(c) Shell Company Transaction.
Not applicable.
(d) Exhibits.
Not applicable.
|
|