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  • Baselode Energy (FIND) has closed its “bought deal” private placement for aggregate proceeds of $9,200,632.50, including the exercise of the over-allotment option
  • Baselode CEO James Sykes sat down with Dave Jackson to discuss the placement
  • Baselode Energy Corp is a uranium exploration company focused on discovering high-grade, basement-hosted, near-surface deposits in Canada’s Athabasca Basin
  • Baselode Energy Corp. (FIND) is down 10.09 per cent on the day, trading at C$0.98 per share at 12:55 pm EST

Baselode Energy (FIND) has closed its “bought deal” private placement for aggregate proceeds of $9,200,632.50, including the exercise of the over-allotment option.

Baselode CEO James Sykes sat down with Dave Jackson to discuss the placement.

The company issued 8,000,550 units priced at $1.15 per unit. Each unit consisted of one common share and one-half of a share purchase warrant. Each warrant entitles the holder to acquire one common share at a price of $1.60 for a period of 30 months following the closing of the offering.

PI Financial Corp. acted as the underwriter and received a cash commission of $552,037.95.

Baselode Energy Corp is a uranium exploration company focused on discovering high-grade, basement-hosted, near-surface deposits in Canada’s Athabasca Basin. 

Baselode currently controls 100 per cent of approximately 226,900 hectares for exploration in the Athabasca Basin area, northern Saskatchewan, Canada. 

Baselode Energy Corp. (FIND) is down 10.09 per cent on the day, trading at C$0.98 per share at 12:55 pm EST.

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