M&A

Marenica resource nearly doubled with Optimal deal

WITH its uranium resource inventory being nearly doubled to 110 million pounds via a deal for Australia-located assets with Optimal Mining, Marenica Energy's next stop will be to find some market backing including funding.

 Marenica in action in Namibia

Marenica in action in Namibia

Subject to deal completion, Marenica will issue Optimal A$250,000 cash and 27.5 million shares. Marenica is estimated to have started July with $700,000. The assets include the Angela, Thatcher Soak...

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