Uranium One upsizes private placement to $2M for exploration and development funding

Uranium One Mining Corp. has increased its non-brokered private placement to raise up to CAD 2 million through the sale of flow-through and non-flow-through units priced at CAD 0.30 each. The offering includes warrants exercisable at CAD 0.50 per share, with potential accelerated expiry if the share price hits CAD 0.75. Proceeds will fund exploration, drilling, property payments, and working capital for uranium and battery metals projects in Canada, Paraguay, and Argentina. The company expects closings in mid and late May 2026, pending regulatory approvals.