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Stock Market & Financial Investment News

News Breaks
December 19, 2013
08:53 EDTURGUR-Energy raises $5.18M in private placement financing
Ur-Energy announced that it has entered into definitive agreements with a number of new and existing accredited investors in connection with a private placement, or PIPE, financing. Upon closing of the PIPE financing, Ur-Energy will receive gross proceeds of approximately $5.18M resulting from the sale and issuance of approximately 4,709,089 units at a purchase price of $1.10 per unit. Each unit consists of one common share and one-half of a warrant to purchase one common share at an exercise price of $1.35 per share. The warrants are exercisable for three years.
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