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Major milestones for Berkeley

ONLY days after calling it quits on a proposed takeover bid from Russia’s OAO Severstal, Spain-focused uranium play Berkeley Resources has raised $A55 million and given the go-ahead to progress its Salamanca project to the exploitation phase.

MiningNews.Net
Major milestones for Berkeley

The Perth-based company issued 32.36 million shares at $1.70 per share, which represents a 7% discount to its closing price of $1.83 on January 18. Meanwhile, Berkeley’s board has approved the decision...

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