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URZ3 Energy Corp V.URZ

Alternate Symbol(s):  NVDEF

URZ3 Energy Corp., formerly Nevada Exploration Inc., is a Canada-based exploration company. The Company has also diversified its interest into Uranium. It is engaged in the acquisition, exploration, and development of resource properties. It owns approximately 35,467 hectares of mineral claims in Saskatchewan. Its projects include South Grass Valley, Kelly Creek, and Awakening. The South Grass Valley Project is located approximately 50 kilometers (km) south-southwest of Barrick Gold Corp.'s Cortez complex, within the specific region of north-central Nevada. The Kelly Creek Project is located approximately 40 km north-northwest of Battle Mountain in Humboldt County, Nevada. The Awakening Project is located in Humboldt County, Nevada, 50 km north-northwest of Winnemucca, and 4,000 meters north of the 4.8-million-ounce Sleeper Gold Mine. The Company controls a large strategic land position in the central Powder River Basin of Wyoming and operates the Nichols Ranch ISR uranium project.


TSXV:URZ - Post by User

Bullboard Posts
Comment by ShellsRFun69on Nov 26, 2018 2:34pm
97 Views
Post# 29022748

RE:RE:Guessing

RE:RE:Guessing... there are significant amount of warrants and options with an average exercise priceof 36/37 cents. They could push to get these exercised (most would be in the hands of insiders) to raise cash. 
And this is already factored in to the fully diluted outstanding shares at just under 97,000,000. The fully diluted number drops to about 94,000,000 after tomorrow assuming the 65 cent/share warrants expire worthless.

The acceleration claise on the 30 cent warrants could easily kick in giving them another $2.4 million without doing a big raise.

We are likely to see further dilution but it doesn’t necessarily have to be huge dilution.

Don’t listen to me though. I am a novice investor.

ShellsRFun69


Bullboard Posts