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    Basin Energy (ASX:BSN) raises $3.3M for Athabasca Basin uranium exploration

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    Basin Energy raised $3.3 million through a share placement at 16 cents per share to support its uranium exploration efforts in the Athabasca Basin.

    The placement garnered strong backing from both existing and new investors globally.

    The funds will be employed to advance exploration programs, particularly the inaugural drilling at the North Millennium Project near significant uranium deposits.

    Basin Energy plans to conduct ground geophysics and drilling activities across its strategic project locations this year.

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