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Puranium Energy raises CA$580K via private placement and settles CA$180K debt with shares to boost finances

Company Fundamentals
14 Apr 2026
Newsfile Corp
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Bullish
pluang ai news

Puranium Energy Ltd. completed a non-brokered private placement, issuing 7.25 million units at CA$0.08 each, raising approximately CA$580,000 to support general working capital. Each unit includes one common share and one warrant exercisable at CA$0.125 for 36 months. Concurrently, the company settled CA$180,222.50 of debt by issuing 2.25 million shares at the same price, strengthening its balance sheet without creating new control persons. These related party transactions were exempt from formal valuation and minority approval requirements, reflecting the company's effort to improve financial stability and fund ongoing operations.

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