| Ticker: FIU:CA | First Uranium Corporation |
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Gold Wheaton Gold Corp. (TSX:GLW) ("GWC") announces that it has entered into an agreement to participate in a financing to be completed by First Uranium Corporation ("FIU"). The financing will consist of a private placement offering (the "Offering") of a minimum of C$125 million and maximum of...
First Uranium Corp. has had a rough couple of months, as permit problems at its South African mine have ground construction on a new tailings facility to a halt and seriously compromised its financing.
However, a recent site visit by Bart Jaworski with Raymond James had the analyst...
However, a recent site visit by Bart Jaworski with Raymond James had the analyst...
The problems facing First Uranium Corp. have been well documented. Unfortunately, they are not contained to just that company. Gold Wheaton Gold Corp. owns two gold streams from First Uranium's mines, so it is also vulnerable to First Uranium's reduced production and liquidity issues.
