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Bannerman raises A$85m to progress Namibia uranium project

By:  
Creamer Media Senior Deputy Editor Online
 
URANIUM
Australia-listed uranium junior Bannerman Energy on Friday announced a placement to raise A$85-million for the continued development of its Etango-8 project, in Namibia. The two-tranche placement comprises 25.8-million new fully paid ordinary shares to new and existing institutional and sophisticated investors at an issue price of A$3.30 each.
 
 
 
 
 

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