Business
UraniumX Discovery Announces Non-Brokered Life Offering
VANCOUVER, BRITISH COLUMBIA – January 22, 2026 – TheNewswire - UraniumX Discovery Corp. (CSE: STMN) ("UraniumX" or the "Company") is pleased to announce a non-b
About this update from Uraniumx Discovery Corp.
[{"type":"text","content":" VANCOUVER, BRITISH COLUMBIA – January 22, 2026 – TheNewswire - UraniumX Discovery Corp. (CSE: STMN) (\"UraniumX\" or the \"Company\") is pleased to announce a non-brokered private placement of up to 7,500,000 units of the Company (each, a “Unit”) at a price of $0.20 per Unit for gross proceeds of up to $1,500,000 (the “Offering”). Each Unit will consist of one common share of the Company (a “Unit Share” and each common share of the Company, a “Common Share”) to be issued pursuant to Part 5A (the “Listed Issuer Financing Exemption”) of National Instrument 45-106 – Prospectus Exemptions (“NI 45-106”), and one Common Share purchase warrant (a “Warrant”) of the Company to be issued under the Listed Issuer Financing Exemption. Each Warrant will entitle the holder thereof to acquire one Common Share (a “Warrant Share”) at a price per Warrant Share of $0.30 for a period of 36 months from the date of issuance. The Warrants will be exercisable 60 days following the closing date of the Offering. The Company intends to use the net proceeds raised from the Offering for general working capital and corporate purposes, including transaction costs; and amounts allocated from time to time for future exploration and development activities on its Murphy Lake Property, Zoo Bay Property and Neocore Property. Subject to compliance with applicable regulatory requirements and in accordance with NI 45-106 and the policies of the Canadian Securities Exchange (the “CSE”), the Units issuable under the Offering will be offered for sale to purchasers resident in Canada, other than Quebec, pursuant to the Listed Issuer Financing Exemption and will not be subject to resale restrictions in accordance with applicable Canadian securities laws. The offering document dated January 22 ,2026, related to the Offering, can be accessed under the Company’s profile at www.sedarplus.com and the Company’s website at www.uraniumx.com. Prospective investors should read the offering document before making an investment decision. The closing of the Offering will take place on or before February 13, 2026. Closing of the Offering is subject to certain conditions including, but not limited to, receipt of all necessary regulatory and exchange approvals. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended ...