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General mining & base metals

Renaissance Uranium to list on ASX, focused on South Australian uranium

Focusing on uranium regions in South Australia and the Northern Territory, Renaissance Uranium (ASX: RNU) will list on the ASX at noon tomorrow, Wednesday 15 December.

Renaissance has acquired eight prospective projects which cover a total area of 14,600 square kilometres in provinces which have existing uranium mineralisation, or enriched uranium source rocks.

The IPO aimed to raise A$8 million through the issue of 40 million shares at $0.20.

When the company lists on the ASX, there will be 49.7 million shares on issue.

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