Bannerman raises $8m for Namibian project
Uranium explorer Bannerman Resources has announced that it has received subscription commitments for an $8.2 million share placement, with funds going to complete its feasibility study on its Entango uranium project by the end of March, 2012.
Existing and new institutional shareholders have subscribed for approximately 36.5 million ordinary shares at a price of 22.5 cents each.
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