CAPITAL MARKETS

Elevate confirms strong interest in its uranium prospects with large funding

ELEVATE Uranium says it has received binding commitments for A$11.5 million in a placement pricing new shares at 45c each, with the funds to be used in exploring the company’s prospects in Namibia and Australia.

 Elevate in Namibia

Elevate in Namibia

Formerly known as Marenica Energy, Elevate currently has more than $6 million cash at bank. Specific spending plans include resource definition drilling at the Koppies project in Namibia with the aim...

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