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U3O8 Corp.

11:30 AM EST - U3O8 Corp. : Announced that it is undertaking a best efforts non-brokered private placement of up to 33,333,334 units at a price of $0.03 per Unit, for gross proceeds of approximately $1 million. Each Unit shall consist of one common share of U3O8 Corp. and one Share purchase warrant. Each Warrant shall entitle the holder to purchase one Share at an exercise price of $0.045 for a period of 24 months from the closing date. U3O8 Corp. shares T.UWE are trading unchanged at $0.03.