Bannerman Energy raises A$124m to fully fund Namibian project
Uranium miner Bannerman Energy has completed its equity offering to raise A$124-million at an issue price of A$4 a share to complete its Etango uranium project, in Namibia.
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The placement, alongside Bannerman's existing cash, and significant partner and project investor China National Nuclear Corporation Overseas's near-term subscription and reimbursement payments and working...
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Uranium miner Bannerman Energy has completed its equity offering to raise A$124-million at an issue price of A$4 a share to complete its Etango uranium project, in Namibia. The placement, alongside Bannerman's existing cash, and significant partner and project investor China National Nuclear Corporation Overseas's near-term subscription and reimbursement payments and working capital contributions, is expected to fully fund Etango through the construction and ramp-up phases.
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- The placement, alongside Bannerman's existing cash, and significant partner and project investor China National Nuclear Corporation Overseas's near-term subscription and reimbursement payments and working...
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