Oman’s SGRF Strategically Invests in Uranium Miner

Posted on 08/30/2017

Oman’s State General Reserve Fund (SGRF) signed a deal with Berkeley Energia to invest up to US$ 120 million to finance the Salamanca mine, a uranium mine located near Madrid, into production. Specifically, the SGRF is providing an interest-free and unsecured convertible loan note of US$ 65 million which can be converted into ordinary shares […]