Skeleton Coast Uranium Announces Private Placement

At a glance

Skeleton Coast Uranium Corp. (TSXV: SKEL) (OTC Pink: GLIIF) (FSE: KDM0) (the "Company" or "Skeleton Coast Uranium") is pleased to announces that it will offer (the "Offering") up to 33,333,334 units (each, a "Unit") by way of non-brokered private placement at a price of $0.15 per Unit for gross proceeds of up to $5,000,000. Each Unit will consist of one common share and one-half-of-one share purchase warrant (each whole...

From the available Newsfile headline and excerpt. Company claims have not been independently verified.