Karam Minerals Inc. signed a share exchange agreement dated September 20, 2021, among the company, Hathor Exploration Ltd. and the security holders of Hathor to acquire all of the issued and outstanding securities of Hathor.
Hathor is a privately-held uranium company with strategic claims in the heart of the Athabasca Basin in proximity to industry leading Uranium discoveries. Hathor is the beneficial owner of multiple mineral properties located in Saskatchewan. The Saskatchewan Project includes 18 mineral claims totaling 51,805 hectares.
In consideration for the transaction and pursuant to the terms of the definitive agreement, and on closing Karam will issue an aggregate of 2,200,000 common shares at a deemed price of $0.20 per share pro rata to the holders of Hathor common shares. The payment shares will be subject to escrow conditions and/or resale restrictions as required by applicable securities laws and the policies of the Canadian Securities Exchange (CSE).
Closing of the transaction remains subject regulatory approval. Closing of the transaction is expected to occur on or about September 30, 2021.
Karam also announced a non-brokered private placement of up to 15,000,000 units at a price of $0.20 per unit for gross proceeds of up to $3,000,000 (the offering). Each unit will consist of one common share of the company and one-half of one common share purchase warrant. Each whole w is good to buy one common share at a price of $0.40 for two years from the closing of the offering.
Note: This article have been indexed to our site. We do not claim ownership or copyright of any of the content above. To see the article at original source Click Here
Charger for HP Laptop Computer 65W 45W Smart Blue Tip Power Adapter
$9.90 (as of February 7, 2025 20:04 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Potaroma Moving Ball Cat Toys with Feather Tail, Rechargeable 2025 New Interactive Ball for Indoor Cats Exercise, Smart Interactive Kitten Rolling Ball, Orange
$12.98 (as of February 6, 2025 19:27 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Apple Watch Series 10 [GPS 46mm case] Smartwatch with Jet Black Aluminium Case with Black Sport Band - M/L. Fitness Tracker, ECG App, Always-On Retina Display, Water Resistant
$320.98 (as of February 6, 2025 19:27 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
All-new Amazon Kindle Paperwhite (16 GB) – Our fastest Kindle ever, with new 7" glare-free display and weeks of battery life – Black
$159.99 (as of February 6, 2025 19:27 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
