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Uranium play Bannerman Energy launches $76m raise; hires three brokers

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Another day, another uranium deal! Bannerman Energy, capitalised at $547.2 million on the ASX, was making the most of a resurgence of interest in uranium on Wednesday morning, putting a $76 million share placement to investors.

Uranium is back in favour. 

Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/uranium-play-bannerman-energy-launches-76m-raise-hires-three-brokers-20240626-p5jotv