... "Toronto, Ontario – December 20, 2012 – U3O8 Corp. (TSX: UWE; OTCQX: UWEFF), a Canadian-based company focused on exploration and resource expansion of uranium and associated commodities in
South America, has increased the size of its recently announced non-brokered private placement to approximately 14,000,000 units (the “Units”) at $0.22 per Unit for total gross proceeds of approximately
$3 million (the “Offering”). Insiders intend to participate, directly or indirectly, in the Offering.
Each Unit shall consist of one common share of U3O8 Corp. (“Share”) and one-half of one common
share purchase warrant (“Warrant”). Each whole Warrant shall entitle the holder to purchase one Share
at $0.30 per Share for a period of 24 months from the closing date." ...
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