Marenica Energy Placement

Marenica Energy Placement - Wholesale Opportunity

Offer Details

10 Day VWAP*

$0.097

Offer Price

$0.088

Reach Wholesale 708 investors have the opportunity to participate in the placement. *The placement offer price represents a discount of 9% per share to the Company’s 10 day volume-weighted average price (VWAP) of $0.097 over the 10 trading days prior to the date the companies Placement was announced.

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*Please note, this offer is only avaliable to wholesale investors.

What is a 708 investor?

By submitting this form, I agree to the terms of the Reach Markets Financial Services Guide that includes the Privacy Statement.As the advisers assisting with the management of this offer, Reach Markets may receive fees depending on its uptake.

If you would like to continue your application through the registry, click continue application below.

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ASX:PPL

Company Overview

Marenica (ASX:MEY) is a uranium exploration company with significant resources, exploration potential and a clear pathway to production. The company has a 94.4 Mlbs uranium asset base and a patented beneficiation process called U-pgrade™, developed in conjunction with the CSIRO, which has the ability to cut CAPEX and OPEX by 50%.

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By clicking submit, I agree to the terms of the Reach Markets Financial Services Guide that includes the Privacy Statement. Reach Markets are the advisors assisting with the management of this offer and may receive fees depending on whether an offer is taken up by investors.

Investment Highlights

  • The placement offer price of $0.088 per share representing a discount of 9% to the 10 day volume-weighted average price
  • Marenica is a uranium exploration company with significant resources, exploration potential and a clear pathway to production
  • They have a 94.4M lbs asset base including the largest Namibian tenement holdings and a large portfolio of under-developed, high-grade uranium assets in Australia
  • Morning Star projects demand for uranium to rise by 40% by 2025
  • They own a patented beneficiation process developed in conjunction with the CSIRO, which reduces waste and can reduce CAPEX and OPEX by up to 50%

Marenica Energy Placement - Wholesale Opportunity

10 Day VWAP*

$0.097

Offer Price

$0.088

*The placement offer price represents a discount of 9% per share to the Company’s 10-day volume-weighted average price (VWAP) of $0.097. To participate, begin your application below. This opportunity is only available to Wholesale investors. 

Read About Global Trends Affecting the Uranium Market

With a renewed focus on nuclear power as a reliable, low carbon base-load power, uranium could be viewed as a notable investment opportunity. This article discusses the various fundamentals that are in play from global politics to constrained supplies.

Company Presentation

Speak to an Advisor

*Please note, this offer is only avaliable to wholesale investors.

What is a 708 investor?

By submitting this form, I agree to the terms of the Reach Markets Financial Services Guide that includes the Privacy Statement.As the advisers assisting with the management of this offer, Reach Markets may receive fees depending on its uptake.

If you would like to begin your application through Automic, click continue application below.

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