The company said the financing will now innclude about 7,555,556 units at a price of C$0.45 per unit.
Plateau Uranium CEO Ted O’Connor said: "We are encouraged by the strong investor response to the private placement.
"We look forward to moving ahead with our planned program to advance the Macusani Plateau uranium project in Peru, and are excited to have the support of both new and existing shareholders as we enter into the next phase of development."
The company expects to complete the financing on or about 22nd of this month. It remains subject to several conditions including, but not limited to, securing all required approvals, including from the TSX Venture Exchange.
Plateau Uranium is focused on its properties on the Macusani Plateau in southeastern Peru.
The company controls all reported uranium resources known in Peru and mineral concessions that cover more than 100,000ha located near significant infrastructure.
