Laramide Resources Announces Full Conversion of Outstanding Convertible Debt
Laramide Resources Ltd. ("Laramide" or the "Company") (TSX: LAM) (ASX: LAM) (OTCQX: LMRXF) a uranium mine development and exploration company with a portfolio of globally significant projects, advises that it had received notice from Extract Advisors LLC ("Extract") on March 13th, 2025 of a decision to convert all of Extract's USD $3.5 million convertible debt position in Laramide. The debt was convertible at CDN $0.40 and had a term that would have expired on April 1st, 2026.
Laramide Resources Ltd. ("Laramide" or the "Company") (TSX: LAM) (ASX: LAM) (OTCQX: LMRXF) a uranium mine development and exploration company with a portfolio of globally significant projects, advises that it had received notice from Extract Advisors LLC ("Extract") on March 13th, 2025 of a decision to convert all of Extract's USD $3.5 million convertible debt position in Laramide. The debt was convertible at CDN $0.40 and had a term that would have expired on April 1st, 2026.