Terra Uranium Ltd (ASX:T92) chairman Andrew Vigar speaks with Proactive following the news the company is raising $2.78 million via a flow-through share placement. Canadian 'flow through shares' provide tax incentives to those investors for expenditures which qualify as flow through critical mineral mining expenditures under the Income Tax Act (Canada). The funds raised will be used to advance exploration and drilling at T92’s uranium projects in the Eastern Athabasca Basin, Canada, including diamond drilling at priority targets, prospecting, ground geophysics, drill logging and assaying.
Terra Uranium mobilising to site next week ahead of Athabasca Basin drilling
