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American Uranium Launches $2.59M Entitlement Offer to Accelerate Lo Herma Drilling
9:56am on Wednesday 22nd of April, 2026 AEST
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Mining
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American Uranium Launches $2.59M Entitlement Offer to Accelerate Lo Herma Drilling
9:56am on Wednesday 22nd of April, 2026 AEST
Key Points
Pro-rata entitlement offer to raise up to $2.59 million at $0.12 per share
1-for-2 free attaching options exercisable at $0.16 expiring in 2029
Funds targeted for drilling, hydrogeological and metallurgical studies at Lo Herma
Offer open to shareholders in Australia, New Zealand, and Canada
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