Energy Fuels and Virginia Energy Announce Financing
Energy Fuels Inc. (TSX:EFR) and Virginia Energy Resources Inc. (TSXV:VUI) announced that Virginia Energy proposes to issue and sell, by way of a non-brokered private placement financing, 14,285,714 common shares in the capital of Virginia Energy at $0.42 per Common Share for expected aggregate gross proceeds of up to $6,000,000.
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