Delta Closes Final Tranche of Flow-Through Unit Financing

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Wed, Nov 11, 2009
Uranium Company News
Post by Melissa Pistilli, Uranium Reporter

Delta Uranium Inc. reports the closing of the second and final tranche of a flow-through unit financing and the closing of the first tranche of a hard dollar unit financing.

Delta closed the first tranche of the Flow-Through Private Placement on October 7, 2009 with a total of 8,140,332 FT Units issued, raising gross proceeds of $488,420. Please see Delta’s press release of October 8, 2009 for details of the first tranche closing. In the second tranche closing completed on November 6, 2009, Delta issued a total of 4,359,666 FT Units, raising gross proceeds of $261,580. The Flow-Through Private Placement was fully subscribed by the two tranches, with a total of 12,499,998 FT Units issued, raising in aggregate $750,000.

For complete details of this press release, click this link.

To view  Delta Uranium’s company profile, click here.

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