Australia's American Uranium rises on premium placement

American Uranium

17/04/2026 03:53

** Shares of American Uranium AMU.AX rise 8.7% to A$0.125, on track for best day since March 31 if gains hold

** Co to raise up to A$2.58 million ($1.85 million) at offer price of A$0.12 per share

** Issue price premium of 4.3% to stock's last close

** About 220,769 shares change hands, 1.3x the 30-day average of 172,624

** Stock down 13.8% YTD including moves in current session

($1 = 1.3965 Australian dollars)

 (Reporting by Jasmeen Ara Shaikh in Bengaluru)

 ((Jasmeenaraislam.Shaikh@thomsonreuters.com;))