Oh, Canada It seems to me that the goal of this most recent private placement was to get a larger Canadian investment going. You will note that this PP was exclusive to Canadian investors, and not for Americans.
Why would they do that? And why hasn't the Canadian government given anything to Ucore. It is a Canadian company, after all, and yet all we hear about is the U.S. Department of Defence or U.S. Department of Energy or Alaska.
Well, I have my own theory on that.
Meanwhile, in 'merica, the news is that Louisiana approved the 800K tax break for UCORE (https://www.kplctv.com/2023/07/19/more-than-184-million-tax-breaks-approved-venture-global/).
Also in US news, Senate Democrats are now taking credit for Ucore's Louisiana SMC (https://www.democrats.senate.gov/newsroom/press-releases/one-year-after-introduction-the-inflation-reduction-act-passed-by-senate-democrats-is-continuing-to-spur-historic-investments-across-the-country).
:)