OTCQB:UEXCF - Post by User
Comment by
mangoeon Jun 03, 2021 11:18pm
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Post# 33327613
RE:RE:RE:last ten trades
RE:RE:RE:last ten tradesUromon wrote: They must be doing the financing at .36-.40 cents
We might not know until after the 18 of June 2021 based on this press release highlighted in blue below, FCU last 2 financing was done at 42 cents and 60 cents. With this deal 2 different stock analyst 2 different target price from 50 cents to 80 cents and the other from 50 cents to $1.10 since this deal was announce, almost 200 million lbs of uranium in the Company.
Both UEX and OURD Board of Directors have voted in favour of this transaction. The transaction is subject to approval of OURD shareholders at a meeting scheduled for June 18, 2021. OURD is a private Japanese company with 29 shareholders comprised of some of the major companies in Japan. Closing is subject to UEX securing the necessary purchase financing and obtaining any required regulatory approvals. The transaction is expected to close on or prior to June 29, 2021.