https://newsletter.mw.creamermedia.com
Exploration|PROJECT
Exploration|PROJECT
exploration|project

Moab secures A$500k for Tanzanian uranium exploration

3rd March 2025

By: Creamer Media Reporter

     

Font size: - +

ASX-listed Moab Minerals has secured a firm commitment from European Lithium to raise A$500 000 through a share placement, supporting its exploration activities at the Manyoni uranium project in Tanzania.

The placement comprises 166.67-million ordinary shares issued at A$0.003 a share, with European Lithium also receiving one free-attaching option for every two placement shares. The options are exercisable at A$0.008 and will expire on December 5, 2027.

The placement will be conducted under Moab’s existing placement capacity, with shares and options expected to be issued on March 4.

Proceeds from the placement will be directed towards advancing exploration at Manyoni, as well as for general working capital purposes.

Edited by Mariaan Webb
Creamer Media Senior Deputy Editor Online

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Latest Multimedia

Photo of Martin Creamer
On-The-Air (23/01/2026)
23rd January 2026 By: Martin Creamer

Showroom

ASTPM
ASTPM

Established in 1983, the ASTPM is an industry association and representative body of the welded carbon steel tube and pipe manufacturers of South...

VISIT SHOWROOM 
Sulzer Pumps (SA) (Pty) Ltd
Sulzer Pumps (SA) (Pty) Ltd

Sulzer South Africa, established in 1922, partners with critical industries like power, oil & gas, water, mining, and chemicals to boost...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 23 January 2026
Magazine round up | 23 January 2026
23rd January 2026

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:0.25 0.336s - 127pq - 2rq
Subscribe Now