Business
Anglo Canadian Uranium Corp. Announces Private Placement Amendment
Anglo Canadian Uranium Corp. Announces Private Placement Amendment
About this update from Canada One Mining Corp
[{"type":"text","content":"\nAnglo Canadian Uranium Corp. Announces Private Placement Amendment\n\n\n Nov. 12, 2010 (TheNewswire.ca) -- Anglo Canadian Uranium Corp. (TSX-V: URA)(the \"Company\") announces that the company has amended the previously announced private placement from September 23, 2010. The Company has increased the amount of the flow through financing to 3 million units at $0.12. Each unit will consist of one flow-through share and a half warrant with an exercise price of 17 cents in the first year and 25 cents in the second year. The Company will also be completing a 1 million non flow through unit financing at $0.12 per unit. Each non flow through unit will consist of a full warrant with an exercise price of 17 cents in the first year and 25 cents in the second year.Proceeds from this private placement will be used to further exploration at its portfolio of gold assets, with prime focus on its four Yukon gold projects. These gold properties lie in the White Gold district of the Yukon, with the company having completed preliminary exploration in order to define prospective drill targets. In addition, the company holds copper / gold projects in the Princeton region of British Columbia, and gold and uranium projects in Quebec.A finder's fee may be payable in conjunction with this financingAbout Anglo-Canadian Uranium Corp. (TSXV:URA) Anglo Canadian Uranium is a junior mineral exploration company with uranium, copper, and gold properties in Quebec, Colorado, Utah, British Columbia, and Yukon. For more information on the Company and its projects, please visit the website at www.anglocanex.comON BEHALF OF THE BOARD OF DIRECTORS:\"Len J.Harris\"Len J. Harris, PresidentT: 604 669 6807Toll Free: 866 488 3838E: [email protected] TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Copyright (c) 2010 Thenewswire.ca - All rights reserved.\n\n\n \n","length":2306,"tagName":"div"}]