Territory Uranium SPP closes oversubscribed

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    Territory Uranium SPP closes oversubscribed

    Northern Territory-focussed junior Territory Uranium Company (ASX: TUC) was swamped with applications from shareholders for its share purchase plan (SPP), receiving applications for almost double the original set amount of $1.25 million.

    Consequently, the companys board has decided to increase the allotment to the maximum limit allowed, which is 20 million shares at $0.08 apiece for a total of $1.6 million.

    http://www.proactiveinvestors.com.au/companies/news/2641/territory-uranium-spp-closes-oversubscribed-2641.html

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