ASX-listed uranium developer Lotus Resources is set to raise $30m through a strategic share placement to expedite the development of its uranium projects.
Lotus Resources has entered the final phase of planning to restart the Kayelekera uranium mine in Malawi in late 2025. The Australian company is also working to optimise resources at Letlhakane in Botswana, with a resource update planned for the first half of this year.
Perth, Australia (Newsfile Corp. - January 15, 2024) - Lotus Resources (ASX: LOT) (OTCQB: LTSRF) is pleased to announce the company is participating in the upcoming 121 Mining Investment Conference in Cape Town. 121 Mining Investment Cape Town will be hosting over 125 mining companies and more than 550 sophisticated investors for two days of pre-arranged, targeted 1-2-1 meetings. Alongside the curated schedule of pre-booked meetings matching investors with .