Laramide Resources Ltd. has completed its non-brokered private placement, issuing 8,350,000 common shares to a strategic investor at a price of $0.60 per share to secure gross proceeds of $5,010,000.

The transaction delivers fresh capital earmarked directly for working capital and general corporate purposes. All newly issued common shares are subject to a statutory hold period of four months plus one day from the date of issuance, alongside standard resale rules under applicable securities legislation following receipt of regulatory approvals and clearance from the Toronto Stock Exchange.

Laramide holds advanced uranium development and exploration assets across Tier-1 jurisdictions in the United States and Australia. In February 2026, the company engaged Lycopodium Limited to update the Preliminary Economic Assessment for the Westmoreland Uranium Project in Queensland, representing ongoing technical advancement across its asset base.

Read the full announcement: Laramide Closes $5M Private Placement