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Noronex Secures $750K to Boost Uranium Drilling in Namibia

9:15am on Wednesday 1st of October, 2025 AEST Mining
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Noronex Secures $750K to Boost Uranium Drilling in Namibia

9:15am on Wednesday 1st of October, 2025 AEST
Key Points
  • Raised $750,000 via placement of 53.57 million shares at $0.014 each
  • Funds earmarked for uranium drilling at Etango North and business development
  • Placement shares issued at no discount to 15-day VWAP but 18% below last close
  • Copper exploration fully funded by South32 under earn-in agreements
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