TransactionsU3O8 Corp. Completes $4.5 Million Financing for New Rare Earth SubsidiaryPublished: 05/30/2011 By Jennifer Campbell, Jay Goldman, Michael Noonan U3O8 Corp. reports that it has completed its previously announced private placement for the new rare earth subsidiary, South American Rare Earth Corp., of 22,577,900 units at a price of $0.20 per Unit for aggregate proceeds of $4,515,580. Insiders of U3O8 Corp. purchased, directly or indirectly, approximately $1.8 million of the Offering. Cassels Brock represented U3O8 with a team consisting of Jay Goldman (Securities), Jennifer Campbell (Securities & Mining) and Michael Noonan (Securities). |