Welcome to our dedicated page for Laramide Res news (Ticker: LMRXF), a resource for investors and traders seeking the latest updates and insights on Laramide Res stock.
Laramide Resources Ltd. reports on uranium mine development and exploration activities centered on assets in the United States and Australia. Company news commonly covers the Westmoreland uranium project in Queensland, including economic study work, mineral-resource disclosure, Mining Development Licence status, and NI 43-101 technical reporting.
Updates also include exploration decisions, U.S. permitting initiatives, common-share private placements, and securities-law disclosures tied to Canadian financing exemptions and Annual Information Form amendments. Laramide’s releases frame the business around advanced uranium projects in jurisdictions with historical production or geological prospectivity.
Laramide Resources (OTCQX:LMRXF) has filed an amended Annual Information Form (AIF) for 2024 following a review by the Ontario Securities Commission. The key change involves the removal of references to the 2016 Preliminary Economic Assessment (PEA) for the Westmoreland Uranium Project in Queensland, Australia.
The company clarified that while the 2016 Westmoreland Scoping Study provides sound technical information, it is no longer considered the Current Technical Report under NI 43-101 requirements. The amended AIF maintains the current mineral resource estimates and other project information supported by the company's most recent NI 43-101 compliant technical report.
Laramide confirmed these amendments are not material to its financial position or operating results, and no changes have been made to the previously disclosed mineral resource estimates for the Westmoreland Project.
Laramide Resources (OTCQX: LMRXF), a uranium development company, has increased its non-brokered private placement offering to 20 million common shares at $0.60 per share, targeting gross proceeds of up to $12 million. The offering, conducted under the Listed Issuer Financing Exemption, will not subject the shares to a hold period under Canadian securities laws.
The company plans to use the proceeds to advance late-stage US permitting initiatives, working capital, and general corporate purposes. The offering is expected to close around July 16, 2025, subject to regulatory approvals including Toronto Stock Exchange approval.
Laramide Resources (OTCQX: LMRXF), a uranium development and exploration company, has announced a non-brokered private placement offering of up to 16,666,667 common shares at $0.60 per share, aiming to raise gross proceeds of up to $10 million.
Red Cloud Securities Inc. will act as a finder for the offering, and Boss Energy Ltd., which holds a 19.9% stake in Laramide, has committed to maintain its pro-rata share. The offering is being conducted under the Listed Issuer Financing Exemption, meaning the shares will not be subject to a hold period under Canadian securities laws.
The company plans to use the proceeds to advance late-stage US permitting initiatives, working capital, and general corporate purposes. The offering is expected to close around July 14, 2025, subject to regulatory approvals including Toronto Stock Exchange approval.