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. […]

About the author: StockMan
Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.
Posting Guidelines
Do
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!

Comments

No comments yet