In this tranche, Myriad has raised gross proceeds of $1,170,000 and welcomes a Swiss uranium fund to the cap table. Myriad Uranium holds a 75% earnable interest in the Copper Mountain Uranium Project which saw C$117m in exploration and development expenditures by Union Pacific during the 1970s. Union Pacific drilled approximately 2,000 boreholes, discovered 7 uranium deposits, and developed a 6-pit mine plan for Copper
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