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Nuclear Fuels Closes Private Placement with Newly Appointed Director

Newswire.ca - Mon Oct 21, 6:00AM CDT

/Not For Distribution in the United States/

CSE:NF
OTCQX:NFUNF

VANCOUVER, BC, Oct. 21, 2024 /CNW/ - Nuclear Fuels Inc. (CSE: NF) (OTCQX: NFUNF) ("Nuclear Fuels" or the "Company") announced today it has closed its non-brokered private placement with Mr. Brahm Spilfogel, the Company's Director appointed to the Board effective October 9, 2024. The Company has issued Mr. Spilfogel 250,000 shares at a price of $0.395 per share for total proceeds of $98,750. The issued shares are subject to a four month hold period expiring February 18, 2025. Proceeds from the private placement will be used for exploration and development expenses for the Kaycee ISR Uranium Project in Wyoming'sPowder River Basin, as well as the Company's other projects and for general working capital.

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