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Basin Energy Secures A$1.1M Placement Led by Uranium Sector Investors

9:18am on Friday 24th of April, 2026 AEST Mining
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Basin Energy Secures A$1.1M Placement Led by Uranium Sector Investors

9:18am on Friday 24th of April, 2026 AEST
Key Points
  • A$1.1 million placement at A$0.025 per share with 19.3% discount
  • Two new uranium-focused strategic investors contribute over 40%
  • Funds earmarked for Queensland drilling and geophysics programs
  • No broker involved, delivering cost savings
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