Bannerman Resources Ltd. is pleased to report on an effective quarter that has positioned Bannerman and its Etango uranium project very well for an increase in uranium market activity and associated improvements in sentiment due to a positive resolution of the section 232 trade investigation being undertaken in the United States. HIGHLIGHTS [...]
Bannerman Resources Ltd. is pleased to advise that the section 232 trade investigation into uranium imports into the United States has been resolved with a clear and positive decision by President Trump. HIGHLIGHTS Positive section 232 decision announced on 12 July. President Trump decided to take no trade action, rejecting quota requiring US [...]
Bannerman Resources Ltd. is pleased to report on an effective quarter in which reconnaissance drilling highlighted potential satellite feed to the proposed Etango mine, whilst the uranium sector moved closer to resolution of the section 232 trade investigation being undertaken in the United States. HIGHLIGHTS Section 232 decision pending • US [...]
Bannerman Resources Ltd. is pleased to report on a productive quarter in which it undertook reconnaissance drilling to test potential satellite targets whilst continuing the DFS Update work, against a backdrop of improving uranium prices and industry sentiment. HIGHLIGHTS Reconnaissance drilling program Targeting two areas within 10km of the [...]
Bannerman Resources Ltd. is pleased to report on a productive quarter in which it successfully restructured its share register whilst maintaining the Etango Project’s development-ready status and the Company’s strong cash balance. HIGHLIGHTS Share register successfully restructured following exit by RCF • Resource Capital Funds IV [...]
Bannerman Resources Ltd. advises that it has been notified of the sale by Resource Capital Fund IV and Resource Capital Fund VI of the entirety of RCF’s residual shareholding in the Company, being 191,429,739 shares. The Company understands that the purchasers are a number of Australian and offshore institutions, including significant [...]
PERTH, Australia, July 27, 2018 -- Bannerman Resources Ltd. is pleased to report on a strong June quarter during which the Company completed a A$8m heavily oversubscribed capital raising, strengthening the Company’s finances and enabling further optimisation work at Etango. HIGHLIGHTS Successful capital raising results in A$8.3m cash balance [...]
PERTH, Australia, June 08, 2018 -- Bannerman Resources Ltd. is pleased to announce that it has received commitments to raise A$8 million gross proceeds through the placement of 173,913,043 new Bannerman shares at an issue price of A$0.046 per share . The Placement was made to both institutional and sophisticated investors. The Placement price of [...]
PERTH, Australia, April 30, 2018 -- Bannerman Resources Ltd. is pleased to report on a productive March quarter during which the Etango Project was progressed via successful completion of the Membrane Study. HIGHLIGHTS Membrane Study delivered cost savings to Etango • Nano-filtration delivered substantial potential cost savings • Membrane [...]
Bannerman Resources is pleased to announce that the Etango Membrane Study has been completed successfully, delivering substantial reagent/operating cost reductions along with forecast capital savings, the final quantum of which is to be confirmed in the Etango Definitive Feasibility Study Update . HIGHLIGHTS • Nano-filtration delivers [...]
Bannerman Resources is pleased to report on an excellent December quarter during which the Etango Project was strongly progressed while uranium market fundamentals also substantially improved. HIGHLIGHTS • Processing Optimisation Study completed US$73m estimated Etango processing-related capital cost savings Operating costs reduced, with DFS [...]
PERTH, Australia, Dec. 05, 2017 -- Bannerman Resources Ltd. is pleased to announce that the Etango Membrane Study has successfully progressed through the initial test work phase at the Etango Heap Leach Demonstration Plant, validating the potential for further capital and operating cost reductions, to be confirmed in the DFS Update [...]
