Subiaco-based Summit Resources Ltd plans to raise over $10 million through a rights issue which will be fully sub-underwritten by its two largest shareholders, Paladin Energy Ltd and Areva NC Australia Pty Ltd.

Subiaco-based Summit Resources Ltd plans to raise over $10 million through a rights issue which will be fully sub-underwritten by its two largest shareholders, Paladin Energy Ltd and Areva NC Australia Pty Ltd.