Australia's Global Uranium and Enrichment slides on discounted placement
RefinitivLess than 1 min read
** Shares of Global Uranium and Enrichment GUE fall 7.04% to A$0.066, their lowest levels since March 3
** The miner says received binding commitments for a A$10 million ($6.32 million) for development of the Pine Ridge Uranium Project, USA
** Issue price of A$0.065 per new share at an 8.5% discount to the last trade price
** Stock fell as much as 8.5% earlier in the day, marking its worst intraday drop since February 28
** GUE stock up 10% YTD
($1 = 1.5818 Australian dollars)
Login or create a forever free account to read this news