UraniumX Discovery Corp. Announces $500,000 Private Placement

UraniumX Discovery Corp., a Canadian uranium exploration company, has announced a non-brokered private placement of up to 3,333,333 flow-through shares at $0.15 per share, aiming to raise $500,000. The proceeds are set to fund exploration at the Murphy Lake Uranium Property. The first drill hole has shown promising pitchblende results, indicating a live uranium system. The company plans to test additional targets as part of their exploration strategy.

The offer is subject to regulatory approvals, and finder's fees may be paid according to the Canadian Securities Exchange's policies. All offered securities will have a four-month holding period. Notably, spectrometer readings are preliminary and await lab assays. The financing aims to bolster UraniumX's ongoing diamond drill program, which explores critical mineral mining opportunities in Canada.