UraniumSA
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.
Other UraniumSA news
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24/02/10 UraniumSA completes in-fill drilling at Blackbush Prospect
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16/12/09 UraniumSA reports significant drilling results at new Plumbush Prospect
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09/10/09 UraniumSA raises $4 million through share placement
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12/06/09 UraniumSA expands uranium tenements control through joint ventures in Pirie Basin
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11/05/09 UraniumSA to raise funds to fast-track Mullaquana Project, South Australia
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05/05/09 UraniumSA inks initial uranium resource of 6 million pounds for Blackbush Prospect
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25/03/09 UraniumSA confirms 2 major uranium zones near Whyalla, SA
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17/03/09 UraniumSA discovers new uranium province in Eyre Peninsula, South Australia
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