Jaguar Uranium, a uranium mining exploration company, has increased its IPO size by 50% and plans to raise $30 million USD.

Colombia and Argentina nuclear fuel uranium mining exploration project developer Jaguar Uranium (JAGU.US) increased the planned offering size of its upcoming initial public offering (IPO) on Monday. The Canada-based company now plans to issue 6 million shares of stock at a price range of $4 to $6 per share to raise $30 million. Previously, the company had filed for an IPO of 4 million shares. Based on the revised offering size, Jaguar Uranium is expected to raise 50% more than originally anticipated, with a projected market value of $95 million. Jaguar Uranium is a Canada-based junior mining company that is not yet profitable, focusing on three uranium mining exploration projects: one in Colombia and two in Argentina. Its main exploration project is the Berlin project in Caldas Province, Colombia, which is a sedimentary deposit containing uranium as well as vanadium, nickel, phosphates, rare earth elements, molybdenum, and zinc. It is located about 12 kilometers from a hydroelectric plant and about 65 kilometers from a river port that provides access to the Caribbean Sea coast. In Argentina, the company is advancing the Laguna project in Chubut Province and the Huemul project in Mendoza Province. Established in 2022, Jaguar Uranium plans to list on the NYSE American stock exchange - a platform for small and mid-cap stocks under the New York Stock Exchange - with the ticker symbol JAGU. Titan Partners is the sole underwriter for this transaction.