Marenica shares down despite Chinese funding deal

EMERGING uranium play Marenica Energy has secured $A5 million in debt and equity funding through the support of China’s Hanlong Energy to progress its namesake $US260 million ($A263 million) heap leach project in Namibia.

Marenica shares down despite Chinese funding deal Marenica shares down despite Chinese funding deal Marenica shares down despite Chinese funding deal Marenica shares down despite Chinese funding deal Marenica shares down despite Chinese funding deal

However, the news did little to help the company’s share price which closed 12.5% lower on the back of the news.

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