TSX-listed Azarga Uranium Corp. tod

TSX-listed Azarga Uranium Corp. today said it has amended the terms of an offering of units of the company that was opened on December 3, as the underwriters have agreed to purchase, on a bought deal basis, 30 million units at C$0.20 (US$0.16) per unit for gross proceeds of $6 million (US$4.7 million). Net proceeds from the offering, which is expected to close on or about December 23, will be used to fund exploration and development expenditures at the company's projects, including its flagship Dewey Burdock Project in the US State of South Dakota, to repay outstanding loans, and for general working capital and corporate purposes.