US EditionVortex Energy Corp. Closes Listed Issuer Financing Exemption (LIFE) Private Placement
- Vortex Energy Corp. Closed a non-brokered private placement on May 23, 2025, issuing 4,000,000 common shares at C$0.25 each to raise C$1,000,000.
- The funds raised through the placement are intended to support exploration efforts at Vortex's projects in Newfoundland & Labrador and the Athabasca Basin, as well as to cover general administrative costs and working capital needs.
- The Robinson River Salt Project covers 942 claims over 23,500 hectares about 35 kilometers south of Stephenville, Newfoundland, and targets salt and hydrogen cavern storage opportunities.
- The Fire Eye Property is situated within the Athabasca area, which is widely recognized for its abundant uranium deposits, aligning with Vortex's emphasis on uranium exploration in this location.
- Risks including regulatory, operational, environmental, financing, and exploration uncertainties may affect project development and use of proceeds as planned by the company.
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Vortex Energy Corp. Closes Listed Issuer Financing Exemption (LIFE) Private Placement
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, May 22, 2025 (GLOBE NEWSWIRE) -- Vortex Energy Corp. (CSE: VRTX) (OTC: VTECF) (FSE: AA3) ("Vortex" or the "Company") announces that it has closed its previously announced non-brokered private placement financing (the "Private Placement") of 4,000,000 common shares in the capital of the Company (the "Common Shares") at a…
·New York, United States
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