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Big backing for Goyder-chaired DevEx's uranium exploration

URANIUM play DevEx Resources has attracted A$17.2 million in new equity after recent drilling in Northern Territory returned 10.7m grading 1.2% uranium oxide at the Nabarlek South prospect.

Michael Quinn
Devex at Junee in NSW

Devex at Junee in NSW

The fundraising is pricing new shares at 34c per share and involves directors putting in about $2.2 million. DevEx's largest shareholder is chairman Tim Goyder. The company's last traded share price...

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