$3M Placement to fund Nova Uranium JV in Namibia
Filed with ASX · · 3 pages · English
Summary by 6ix AI
Core Energy Minerals Ltd has announced a capital raising through a placement to fund its Nova Uranium joint venture in Namibia. The company has received firm commitments for a placement of new shares, aiming to raise gross proceeds before costs. Funds from this capital raising will be allocated towards drilling at the Barking Gecko Prospect and general working capital. The placement will occur in two tranches, with the first tranche expected to issue shares shortly after shareholder approval.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
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