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Additional Information
Market:ASX
Sector:General Mining
EPIC:USA
Latest Price: 0.14  (-3.45% Descending)
52-week High:0.60
52-week Low:0.11
Market Cap:20.62M
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UraniumSA

UraniumSA is an Adelaide-based uranium-only explorer specialising in sediment-hosted and unconformity styles of uranium mineralisation within a substantial portfolio of properties in South Australia’s Gawler Craton. The company has a portfolio of uranium properties located within South Australia comprising six projects in two principal areas.

 

The Eastern Eyre Peninsula, located 300km west of Adelaide, includes the Mullaquana, Cleve and Tumby Bay Projects, and the Kingoonya Palaeochannel System, 600km northwest of Adelaide, includes the Tarcoola and Muckanippie projects.

 

The company's mission is to discover and develop quality mining assets that deliver environmentally and economically sustainable outcomes to the company, its stakeholders and the communities it works within.

 

 

UraniumSA adds to cash kitty with placement

Friday, July 03, 2009
UraniumSA adds to cash kitty with placement

UraniumSA has topped up its coffers, raising $231,000.  A total of 3.3 million shares were placed at 7 cents per share to sophisticated investors.

The placement follows the oversubscribed 1 for 3 non-renounceable rights issue at 7 cents per share to raise up to $1,474,251.

Funds raised will be used for further drilling and development at the flagship Blackbush Prospect within the wholly-owned Mullaquana Project, and exploration elsewhere within the project area.

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