Latest Breaking News On - Katoro gold mining plc - Page 1 : comparemela.com
Katoro Gold presses ahead with funding talks for mining project following South African unrest | 6 August 2021
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Katoro Gold annual losses widen as exploration costs jump | 21 May 2021
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22 December 2020 | 09:10am
StockMarketWire.com - Katoro Gold said it was now confidently moving forward toward completing critical workstreams related to the Blyvoor gold project and ongoing exploration work on the Haneti nickel project after raising £960,000 through a share and subscription offering.
The placing and subscription of new shares at 2 pence per share was conditional to approval at a general meeting that would be held on or around 15 January 2021 to seek approval from shareholders to increase the company s authorised share capital.
The fundraise would significantly bolster the company s ability to continue uninterrupted with work on its projects during the current uncertainty and unpredictability associated with COVID-19 and to advance the project funding initiatives as well as complete technical study work for the Blyvoor gold tailings Project and also expanded follow-up work on the Haneti nickel exploration programme, the company said.