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Additional information
Additional Information
Market: ASX
Sector: General Mining
Epic: ASX:TUC
News: Latest news
Web Site: Territory Uranium
Other Articles: 24-11-200916-10-200923-09-2009

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Saturday March 13, 08:47Premium risk at Prudential

Insurance giant Prudential has stolen the headlines this week, after their decision to buy AIA, the Asian life business of US insurer AIG, has attracted a mixed response from shareholders.

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Friday March 12, 07:58Lithium and rare earths markets poised for growth

Right now, the world relies almost completely on China for its rare-earth supply. The Chinese have made it clear that they want to keep more supply for themselves as they try to be the world leader in green technology

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Friday March 12, 07:51White Energy enters coal deal with China Guodian Group

White Energy Company (ASX: WEC; OTCQX: WECFY) has inked a non-binding heads of agreement with state owned Guodian Inner Mongolian Energy Sources Co Limited to develop a coal upgrading [...]

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Territory Uranium

Territory Uranium

Territory Uranium is a Northern Territory based mineral exploration company that hold a total of 40 tenements (21 granted and 19 applications) covering more than 26,300km² of the Northern Territory.

Wednesday, September 23, 2009

Territory Uranium SPP closes oversubscribed

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Northern Territory-focussed junior Territory Uranium Company (ASX: TUC) was swamped with applications from shareholders for its share purchase plan (SPP), receiving applications for almost double the original set amount of $1.25 million.

Consequently, the company’s board has decided to increase the allotment to the maximum limit allowed, which is 20 million shares at $0.08 apiece for a total of $1.6 million.

Ian Bamborough managing director of Territory said the success of the SSPP, together with funds from two placements totaling $1.2 million, would pave the way for aggressive exploration of targets identified over the past 18 months within its suite of projects in the NT.

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