Skeleton Coast Uranium Corp. has updated its non-brokered private placement terms, now offering up to 40 million units at $0.125 each to raise up to $5 million. The funds will support ongoing uranium exploration and development in Namibia, where the company holds significant prospecting licenses near major uranium mines. Each unit includes one share and half a warrant, allowing purchase of additional shares at $0.20 within two years. The offering awaits TSX Venture Exchange approval and may include finders' fees for third-party introductions.
Skeleton Coast Uranium's private placement update is provided here with relevant market data. For readers following Basic Materials, here is Pluang's market snapshot as of Oct 09, 2026 18:11 WIB: 48 of 62 priced US stocks rose, 11 fell. Notable movers include WD 40 Company at USD 211.17 (+3.57%), Almonty Industries Inc. at USD 11.90 (+2.85%) with 100% buy orders, and Freeport-McMoRan Inc at USD 73.00 (+2.63%).
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