
Australia's Global Uranium and Enrichment slides on discounted placement

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** Shares of Global Uranium and Enrichment fall 7.04% to A$0.066, their lowest levels since March 3** The miner says received binding commitments for a A$10 million ($6.32 million) for development of the Pine Ridge Uranium Project, USA** Issue price of A$0.065 per new share at an 8.5% discount to the last trade price** Stock fell as much as 8.5% earlier in the day, marking its worst intraday drop since February 28** GUE stock up 10% YTD($1 = 1.5818 Australian dollars)
