Perth-based uranium company OmegaCorp Ltd has revealed the details of its plans to spin off its subsidiary Mavuzi Resources Ltd, in an $8.8 million initial public offer ahead of the OmegaCorp takeover by Canada's Denison Mines Corp.

Perth-based uranium company OmegaCorp Ltd has revealed the details of its plans to spin off its subsidiary Mavuzi Resources Ltd, in an $8.8 million initial public offer ahead of the OmegaCorp takeover by Canada's Denison Mines Corp.