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Article: Global Uranium Fund Inc. Announces Warrants Offering.
- Article from:
- Marketwire Canada
- Article date:
- November 6, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TORONTO, ONTARIO, Nov 6, 2009 (Marketwire via COMTEX) -- Global Uranium Fund Inc. (TSX:GUR) is pleased to announce that it has filed a preliminary prospectus relating to an offering of warrants to equity shareholders of the Company. Each shareholder will receive one Class C warrant for each equity share held on a record date which will be set upon filing of the final prospectus.
One warrant will entitle the holder to purchase an equity share upon payment of the subscription price, which will be determined as the lesser of: (i) $2.84 (which is the sum of (a) the most recently calculated NAV per Equity Share prior to the date hereof and (b) the estimated per Equity ...