Berkeley Energia has been informed by Global X that it had completed the rebalancing of its holding in Berkeley by selling around 17 million shares via a private placement.
Spain-focused Berkeley Energia graduated to the London Stock Exchange's Main Board and updated investors on its plans to list on Spain's four major bourses on Wednesday.
Oman's sovereign wealth fund has agreed to invest up to $120m to fully fund Berkeley Energia's Salamanca uranium mine into production.
Berkeley Energia announced on Wednesday that "highly respected" London-based mining executive Nigel Jones had been appointed as an independent non-executive director of the company, effective immediately.
Shares in Berkeley Energia are down more than 3% as it said developmentof the Salamanca uranium mine in Spain was progressing well with strong European Union backing.
Shares in Berkeley Energia managed minor gains after it said pre-construction site-based activities were advancing at its 100% owned Salamanca mine in western Spain.
Berkeley Energia's shares are up almost 5% after it confirmed high-grade intersections below the Zona 7 deposit at its 100%-owned Salamanca mine in the west of Spain.
Uranium explorer Berkeley Energia has bought land in Spain to accelerate the development of its mine and brought forward construction of its processing plant by several months.
Berkeley Energia has signed a binding off-take agreement with Interalloys Trading for the sale of the first production from its Salamanca uranium mine.
Berkeley Energia announced a proposed fundraising on Friday, in a bid to accelerate the development of the Salamanca project in Spain, including construction of the crushing circuit and other infrastructure items.
Berkeley Energia commenced development of the Salamanca project in Western Spain in August, it confirmed in an update on Tuesday, after a decade and $60m of investment.
Shares in Berkeley Energia are set to rise as its uranium mine near in Salamanca comes into production, the Mail on Sunday´s Midas column said.
Berkeley Energia advised the market on Wednesday that trading in its shares had been halted on the Australian Securities Exchange (ASX), effective immediately.
Property and real estate stocks were again weaker, with investors referencing simmering fears regarding the possible impact which Brexit might have on the sector's high-flying shares.
AIM-listed Berkeley Energia has started the first phase of a major exploration programme targeting further uranium deposits at its Salamanca project.
Uranium explorer and developer Berkeley Resources has secured a 'major' permitting milestone for one of its projects in Spain.
ARM Holdings: Goldman Sachs cuts target price from 1500p to 1450p and keeps a buy recommendation.
Berkeley Resources has reached a 'major milestone' after being granted an environmental licence for the Retortillo deposit by the regional government of Castilla and León.