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Shareholders Approve All Resolutions at U3O8 Corp.'s Annual General Meeting

U3O8 Corp. Announces Upsizing of Previously Announced C$500,000 Financing to C$1,000,000 TSX Venture Exchange:UWE-H.V

TORONTO, Feb. 12, 2021 (GLOBE NEWSWIRE) U3O8 Corp. ( U3O8 or the Company ) announces that it is increasing the size of the non-brokered private placement of units of the Company ( Units ) announced on January 27, 2021 from $500,000, to gross proceeds of up to $1,000,000 (the Offering ). Pricing The Company intends to sell up to 6,666,666 Units at a price of C$0.15 per Unit. Each Unit shall consist of a common share of the Company (a Common Share ) and a common share purchase warrant (a Warrant ). Each Warrant entitles the holder to purchase one Common Share at an exercise price of C$0.20 for a period of 12 months following closing of the Offering. The Units will be offered by private placement only (and without the use of an offering memorandum as defined in OSC Rule 14-501).

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