Claude arranges placement

Saskatoon, Sask.-based Claude Resources (CRJ-T) has arranged a brokered flow-through private placement with Canaccord Capital to sell, on a best-efforts basis, up to $1.5 million in shares or special warrants.

The offering will consist of up to 909,091 shares priced at $1.65 each, or up to 909,091 special warrants priced at $1.65. Each special warrant will entitle the holder to subscribe for one share at no additional cost.

Proceeds will be used to explore properties in Canada.