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Bannerman clears Etango funding hurdle as Namibia uranium build begins

10:18am on Thursday 29th of October, 2026 AEDT • Mining
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Bannerman clears Etango funding hurdle as Namibia uranium build begins

10:18am on Thursday 29th of October, 2026 AEDT
Key Points
  • US$320.4 million CNOL strategic investment completed
  • A$124 million institutional placement settled at A$4.00 a share
  • Etango JV approves FID for the 3.5 Mlbs-a-year Etango-8 design
  • US$295 million held by the Etango JV and A$175 million held by Bannerman
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