Atomic Minerals Corporation (TSE:ATOM) has released an update.
Atomic Minerals Corporation, a Vancouver-based uranium exploration company, has announced a debt settlement transaction where it will issue 400,000 common shares at $0.06 each to clear a CAD$24,000 debt, subject to regulatory approval. This strategic move enables the company to preserve cash for its exploration operations in key uranium-rich regions. The shares will be subject to a standard four-month hold period post-issuance.
For further insights into TSE:ATOM stock, check out TipRanks’ Stock Analysis page.
