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Bannerman Energy Secures A$85M to Propel Etango Uranium Project

9:29am on Thursday 26th of June, 2025 AEST Mining
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Bannerman Energy Secures A$85M to Propel Etango Uranium Project

9:29am on Thursday 26th of June, 2025 AEST
Key Points
  • A$85 million placement at A$3.20 per share completed
  • Strong support from existing and new institutional investors
  • Funds earmarked for construction, infrastructure, and working capital
  • Cash reserves to reach approximately A$140 million post-placement
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