China National Uranium Launches Shenzhen IPO

MT Newswires Live
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China National Uranium (SHE:001280) is looking to issue around 248.2 million shares in an initial public offering on the Shenzhen Stock Exchange, according to a prospectus filed Thursday with the bourse.

The uranium miner's shares will constitute 12% of the entire shareholding of the company following issuance.

Following the IPO, China National Uranium will hold around 2.07 billion shares.

CITIC Securities (HKG:6030, SHA:600030) is the sponsor and lead underwriter of the offering.

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