Uranium American Resources Inc (UAR) Signs Agreement for $3.5 Million Capital Raise to Complete the Purchase of JAG Minerals Pty Ltd
Uranium American Resources Inc (OTC Pink:TNGL) has secured a $3.5 million capital raise from a US institutional investor to complete its acquisition of JAG Minerals Pty Ltd. The funding comes through a unit transaction priced at $0.06 per share, representing a premium to UAR's current market price.
The deal includes warrants allowing the investor to purchase additional shares at $0.10 per share over a 48-month period. The company has raised over $4.0 million in the past twelve months. UAR also plans to implement a reverse stock split to reduce outstanding shares.
Uranium American Resources Inc (OTC Pink:TNGL) ha ottenuto un finanziamento di 3,5 milioni di dollari da un investitore istituzionale statunitense per completare l'acquisizione di JAG Minerals Pty Ltd. Il finanziamento avviene tramite una transazione di unità al prezzo di 0,06 dollari per azione, rappresentando un premio rispetto al prezzo di mercato attuale di UAR.
L'accordo include warrant che permettono all'investitore di acquistare azioni aggiuntive a 0,10 dollari per azione per un periodo di 48 mesi. L'azienda ha raccolto oltre 4,0 milioni di dollari negli ultimi dodici mesi. UAR prevede inoltre di effettuare uno split azionario inverso per ridurre il numero di azioni in circolazione.
Uranium American Resources Inc (OTC Pink:TNGL) ha asegurado una financiación de 3,5 millones de dólares de un inversor institucional estadounidense para completar la adquisición de JAG Minerals Pty Ltd. La financiación se realiza mediante una transacción de unidades a un precio de 0,06 dólares por acción, lo que representa una prima sobre el precio de mercado actual de UAR.
El acuerdo incluye warrants que permiten al inversor comprar acciones adicionales a 0,10 dólares por acción durante un período de 48 meses. La compañía ha recaudado más de 4,0 millones de dólares en los últimos doce meses. UAR también planea implementar una división inversa de acciones para reducir las acciones en circulación.
Uranium American Resources Inc (OTC Pink:TNGL)는 JAG Minerals Pty Ltd 인수를 완료하기 위해 미국 기관 투자자로부터 350만 달러의 자본 조달을 확보했습니다. 이 자금은 주당 0.06달러 가격의 유닛 거래를 통해 이루어졌으며, 이는 UAR의 현재 시장 가격에 대한 프리미엄을 나타냅니다.
이번 거래에는 투자자가 48개월 기간 동안 주당 0.10달러에 추가 주식을 구매할 수 있는 워런트가 포함되어 있습니다. 회사는 지난 12개월 동안 400만 달러 이상을 조달했으며, UAR는 유통 주식 수를 줄이기 위해 역병합(reverse stock split)을 시행할 계획입니다.
Uranium American Resources Inc (OTC Pink:TNGL) a obtenu une levée de fonds de 3,5 millions de dollars auprès d'un investisseur institutionnel américain pour finaliser l'acquisition de JAG Minerals Pty Ltd. Le financement intervient via une transaction d'unités au prix de 0,06 dollar par action, représentant une prime par rapport au cours actuel de UAR.
L'accord inclut des bons de souscription permettant à l'investisseur d'acheter des actions supplémentaires à 0,10 dollar par action sur une période de 48 mois. L'entreprise a levé plus de 4,0 millions de dollars au cours des douze derniers mois. UAR prévoit également de procéder à un regroupement d'actions inversé afin de réduire le nombre d'actions en circulation.
Uranium American Resources Inc (OTC Pink:TNGL) hat eine Kapitalerhöhung in Höhe von 3,5 Millionen US-Dollar von einem US-Investor erhalten, um die Übernahme von JAG Minerals Pty Ltd abzuschließen. Die Finanzierung erfolgt durch eine Unit-Transaktion zum Preis von 0,06 US-Dollar pro Aktie, was einen Aufschlag gegenüber dem aktuellen Marktpreis von UAR darstellt.
Der Deal beinhaltet Warrants, die dem Investor erlauben, über einen Zeitraum von 48 Monaten zusätzliche Aktien zu 0,10 US-Dollar pro Aktie zu kaufen. Das Unternehmen hat in den letzten zwölf Monaten über 4,0 Millionen US-Dollar eingeworben. UAR plant außerdem eine Reverse-Aktien-Split, um die ausstehenden Aktien zu reduzieren.
- Capital raise of $3.5 million at premium to current share price
- Total of $4.0 million raised in last 12 months shows strong investor interest
- Warrants priced at $0.10/share, representing potential upside
- Planned reverse split to improve share structure
- Potential dilution from new share issuance
- Additional dilution possible from warrant exercise
- Reverse split may negatively impact trading liquidity
Over US
$4.0 million of Capital Raised in the last twelve months to advance and complete the previously announced transactionUS
$3.5 million raised from one US institutional investor at a significant premium to UAR's current share price
WOODLAND HILLS, CALIFORNIA / ACCESS Newswire / July 15, 2025 / Uranium American Resources Inc (OTC Pink:TNGL "UAR" or the "Company") is pleased to inform shareholders that it has entered into a binding agreement with one US institutional investor to fund a significant equity investment. This raise will allow the Company to complete the acquisition of
The capital raise is for an amount of US
US
$3.5 million of common stock priced at$0.06 /share;One (1) warrant that will allow the holder to purchase additional shares at
$0.10 /share for 48 months;Closing and funding to occur shortly
UAR CEO William Hunter stated, "This financing is a key milestone in completing our JAG Transaction, which will be completed very shortly. In addition, we will also be completing the reverse split which will significantly reduce the amount of shares outstanding. The combination of these events are very exciting for the Company and we look forward to moving UAR forward very quickly."
The Company was advised on this transaction by its corporate advisors, EAS Advisors LLC, acting through Odeon Capital Group LLC - Member of FINRA/SIPC/MSRB/NFA.
Enquiries
For further information, please contact:
William Hunter
Interim CEO, Uranium American Resources, Inc.
M: +1 203 856 7285
E: bhunter@tonogold.com
SOURCE: Uranium American Resources, Inc.
View the original press release on ACCESS Newswire
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