Uranium One Mining Corp. Announces Private Placement
Vancouver, BC — April 30, 2026 — Leads & Copy — Uranium One Mining Corp. is planning a non-brokered private placement to raise up to CAD $1,500,000. The placement will consist of a combination of non-flow-through units (NFT Units) and flow-through units (FT Units).
The company expects to offer up to 2,500,000 NFT Units and up to 2,500,000 FT Units, both priced at CAD $0.30 per unit. Each NFT Unit includes one common share of the company and one transferable common share purchase warrant. Each warrant allows the holder to buy an additional share at CAD $0.50 within twelve months of issuance.
Each FT Unit will contain one common share qualifying as a “flow-through share” under the Income Tax Act (Canada), along with a common share purchase warrant. The warrant terms are the same as those for the NFT Units, allowing the holder to acquire one share at CAD $0.50 within twelve months.
Uranium One may accelerate the warrant expiry date if its common shares close at or above CAD $0.75 for five consecutive trading days. In this case, the company will issue a press release, and the warrants will expire thirty days following the notice date.
The warrants will include a provision restricting exercise if it would result in the holder, along with associated parties, owning 10% or more of the company’s outstanding common shares.
The company plans to use the proceeds from the private placement for exploration and drilling programs, property payments, and general working capital.
Uranium One will allocate the funds towards “Canadian exploration expenses” and “flow-through critical mineral mining expenditures” as defined by the Income Tax Act (Canada). The company will renounce these expenditures to the FT Share subscribers by December 31, 2026, in an amount equal to the total subscription proceeds received for the FT Shares.
While the private placement is non-brokered, the company may pay finders’ fees to eligible parties. These fees may include a cash commission of up to 8% of the gross proceeds from subscribers introduced by the finders, as well as non-transferable finder’s warrants equal to up to 8% of the NFT Units sold to those subscribers. The finder’s warrants are exercisable at CAD $0.50 per share for 24 months from issuance.
Securities issued through the private placement will be subject to a four-month statutory hold period, plus one day, from the date of issuance, in accordance with securities laws.
The completion of the private placement is contingent upon regulatory and stock exchange approvals. There is no guarantee that the placement will be completed as proposed or at all.
Uranium One Mining Corp. is focused on acquiring, exploring, and developing uranium projects and select battery metals assets. The company has a portfolio of projects in Canada, Paraguay, and Argentina. These projects include the Quark Uranium Project, the Yuty Prometeo Uranium Project, and the Nucleon Uranium Project.
The company encourages stakeholders to follow its social media profiles on LinkedIn, X.com, Facebook and Instagram.
Source: Uranium One Mining Corp.
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