IN AFR
Uranium play Paladin Energy has put an ambitious equity recapitalisation package to potential investors, in an effort to help restart its mine in Namibia.Down and almost out only one year ago, it is understood Paladin Energy is seeking to capitalise on renewed investor interest in uranium stocks by raising $215 million in fresh equity.Street Talk can reveal the company and its brokers, Canaccord Genuity and Shaw and Partners, have kicked off talks with fund managers in Australia and offshore to get early backing for the raising.
P.S. Once Potter started coverage and recommendations you sensed this was coming.
Cap Raising on the cards
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