Cora Gold Ltd aims to raise at least US$19.566 million comprised of equity and convertible loan notes to start developing its flagship Sanankoro project in southern Mali. TERM SHEET The funds are part of a mandate and term sheet for £30m with investor Lionhead Capital Advisors Proprietary Ltd, replacing one for $25m in September 2021. […]
Tag: metals and minerals
Power Metal halves losses and increases projects
Power Metal Resources plc halved losses and increased its cash balance and projects in metal and mineral exploration across three continents. FINANCES The company’s portfolio includes precious, base and strategic metals in Africa, Australia and North America. In its audited financial results for the year ended 30 September 2021, the company reported loss after tax of […]