Uranium hopeful Piche Resources lights up the ASX

Piche Resources ASX launch 16 July, 2024

Uranium

WRITTEN BY Angela East

The ASX has a new uranium and gold explorer, with Piche Resources (ASX:PR2) making its debut on Monday.The junior explorer listed following the completion of a $10 million IPO, led by Euroz Hartleys, priced at $0.20 per share, giving it a market value of just over $16 million prior to listing.Piche says Euroz introduced a number of international and Australian funds to its register, combined with high net worth, retail investors and Piche directors and management.However, shares opened trade on 15 July at 12pm AEST at $0.16, a 20% discount to the IPO price.By the closing bell yesterday around 2.2 million shares, valued at over $340,000, had changed hands, with shares only reaching a high of $0.175 and closing at $0.155.Piche’s immediate key focus is on its Ashburton Project in Western Australia, where previous drilling in […]

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