Cobre Limited (ASX:CBE) Cobre Successfully Raises A$6.7M for Botswana Exploration
Cobre Successfully Raises A$6.7M for Botswana ExplorationSydney, April 15, 2021 AEST (ABN Newswire) - Cobre Limited (
ASX:CBE) is pleased to announce the successful raising of A$6.7 million (before costs) at $0.17 per share via a two-tranche placement to sophisticated and institutional investors with the funds raised to be used primarily to meet the capital requirements for exploration under the Company s joint venture African investment, with Metal Tiger plc (MTR), through Kalahari Metals Ltd (Placement).
Highlights:
- Placement attracted significant demand from both existing and new sophisticated and institutional investors;