Bumper uranium float to list soon

CONTINUED rampant investor interest in junior uranium stocks has helped new offering Eromanga Uranium raise $14.5 million in its IPO, putting the company in a position where it will list with a market capitalisation almost five times that of the company from which it was spun off.

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Eromanga, which will inherit the South Australian uranium assets of gold explorer Maximus Resources, said today it had closed its offer after receiving oversubscriptions of $4.

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