Resources Top 5: ASX lithium stocks impress, but this uranium play is stealing the show

Pic: iStock / Getty Images Plus share

Okapi Resources will raise $5.1m to fund investment in uranium enrichment tech company, exploration projects

Sprott-backed Tempus Resources is pulling up more super high-grade gold in drilling at the Elizabeth project

Lithium stocks Latin Resources, Megado Minerals, Solis Minerals up on no news Here are the biggest small cap resources winners in early trade, Monday February 20. OKR will raise $5.1m to fund its investment in uranium enrichment tech company Ubaryon, as well as advancing the Tallahassee, Maybell and Athabasca uranium exploration projects.The placement to institutional and sophisticated investors will be undertaken at 15c per share; a small ~10% discount to the last traded price.OKR director will also put some skin in the game to the tune of $129,000, subject to shareholder approval.The cash will allow OKR to complete the recently announced $3.1m investment in private Aussie firm Ubaryon. […]

Click here to view original web page at stockhead.com.au

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.