Merging uranium juniors seek $7.5M

SCIMITAR Resources and Jackson Minerals are progressing with their proposed merger after Jackson shareholders voted in favour of the transaction earlier this week, appointing a corporate adviser to secure new funds to step up exploration.

Merging uranium juniors seek $7.5M Merging uranium juniors seek $7.5M Merging uranium juniors seek $7.5M Merging uranium juniors seek $7.5M Merging uranium juniors seek $7.5M

The companies plan to name the new entity Cauldron Energy to reflect the focus on uranium exploration.

Scimitar has appointed Greenday Corporate to assist the company in securing up to $A7.

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