Black Range Minerals to Advance Exploration on Taylor Ranch Uranium Project with New Funds

 Black Range Minerals (ASX:BLR) closed its partially underwritten one for two non-renounceable rights issue. This raised $2.03 million of the total $2.1 million. The money raised will be used towards production to advance the Hansen/Taylor Ranch Uranium Project in the U.S.

As quoted in the press release:

The company received acceptances for 165.1 million shares at $0.005 each, and has also received further applications for 240.2 million shortfall shares.

Click here to read the Black Range Minerals (ASX:BLR) press release

See this press release on Marketwire
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