https://newsletter.mw.creamermedia.com
Botswana|Business|Resources
Botswana|Business|Resources
botswana|business|resources

Kavango to raise a further £500 000

25th October 2022

By: Creamer Media Reporter

     

Font size: - +

LSE-listed Kavango Resources has entered into a strategic financing agreement to raise a further £500 000.

Under the terms of the agreement, the company, which explores for base and precious metals in Botswana, will issue about 27.78-million shares to strategic investor Arigo Capital.

"Following yesterday's £3-million strategic financing, I am extremely happy to welcome our second strategic investor into Kavango for an additional £500 000 investment.

"With all the progress we've made across our portfolio over the last 12 months, this is an incredibly exciting time to be involved in this business. We are now extremely well positioned to pursue our ambition of making multiple major metal discoveries in Botswana," Kavango CEO Ben Turney says.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

 
 

Showroom

Multotec
Multotec

Multotec, recognised industry leaders in metallurgy and process engineering help mining houses across the world process minerals more efficiently,...

VISIT SHOWROOM 
Willard
Willard

Rooted in the hearts of South Africans, combining technology and a quest for perfection to bring you a battery of peerless standing. Willard...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Minerals Council South Africa CEO Mzila Mthenjane
Minerals Council optimistic about ongoing MPRDA review
13th December 2024 By: Marleny Arnoldi
Magazine round up | 13 December 2024
Magazine round up | 13 December 2024
13th December 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.051 0.128s - 127pq - 2rq
Subscribe Now