Connected Minerals to raise A$4.5 million for uranium exploration in Namibia

Connected Minerals to raise A$4.5 million for uranium exploration in Namibia

Connected Minerals Ltd. is seeking to raise A$4.5 million through a share placement to accelerate exploration across its Namibian uranium portfolio, with the capital earmarked for drilling, geophysical surveys and resource definition work at its Etango North-East and Swakopmund projects. The ASX-listed explorer plans to issue 27,272,728 new ordinary shares at A$0.165 (16.5 cents) each, …