BMN placement and CNOL investment fully fund Etango through ramp-up
BMN says a fully underwritten A$124 million placement plus up to A$10 million SPP will fund its Etango Project share through construction and ramp-up, following an unconditional CNOL strategic investment.
A fully underwritten A$124 million placement and an SPP of up to A$10 million will fully fund the company’s share of the Etango Project through construction and ramp-up, following the unconditional CNOL strategic investment. The project remains on track for a Final Investment Decision and full-scale construction.