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CanAlaska Uranium Secures $5 Million in Private Placement
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CanAlaska Uranium Secures $5 Million in Private Placement

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CanAlaska Uranium (TSE:CVV) has released an update.

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CanAlaska Uranium Ltd. has successfully completed a $5 million private placement, issuing over 7.6 million common shares and paying nearly $250,000 in finder’s fees. Investors should note the shares are subject to a four-month hold period. This financing event underscores CanAlaska’s ongoing efforts to explore and discover high-grade uranium deposits in Canada’s Athabasca Basin.

For further insights into TSE:CVV stock, check out TipRanks’ Stock Analysis page.

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