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AVZ Minerals Ltd investors support Manono Lithium and Tin Project through heavily oversubscribed $40 million placement

AVZ Minerals investors support Manono Lithium and Tin Project through heavily oversubscribed $40 million placement The placement, which was oversubscribed by A$10 million, was well supported by high-quality institutions from Australia and North America and includes a European-based physical energy commodities merchant. Proceeds from the placement will increase cash reserves as AVZ progresses toward a Final Investment Decision. AVZ Minerals Ltd (ASX:AVZ) (OTCMKTS:AZZVF) (FRA:3A2) has received firm commitments to raise A$40 million from sophisticated, professional and institutional investors in a placement to advance the tier-1 Manono Lithium and Tin Project in the Democratic Republic of Congo. The capital raising was undertaken to allow the board to efficiently progress towards a Final Investment Decision (FID) for the commencement of project development at the Manono Project.

United statesNigel fergusonCurran coTin projectDemocratic republicFinal investment decisionNorth americaManono projectDathcom miningBankable feasibility studyManono permisShare purchase planஒன்றுபட்டது மாநிலங்களில்நைகல் ஃபெர்குசன்குர்ரன் இணைதகரம் ப்ராஜெக்ட்

AVZ Minerals Ltd halted with announcement pending on proposed equity raising

AVZ Minerals halted with announcement pending on proposed equity raising Securities will remain in trading halt until the earlier of the start of normal trading on Friday, July 2, 2021, or when an announcement is released to the market. AVZ was recently granted a long-term lease on land in the DRC that will host an Intermodal Staging Station. AVZ Minerals Ltd (ASX:AVZ) has been granted a trading halt by the ASX with an announcement pending in relation to a proposed equity raising. In its application for the halt, AVZ said: “The trading halt is requested pending the release of an announcement by the company in relation to a potential equity raising (comprising an institutional placement and a share purchase plan) and to allow the placement to take place in an orderly fashion.”

Nigel fergusonKabondo diandaNyuki logistics companyKabondo dianda intermodal staging stationManono lithiumTin operationDar es salaamNyuki logisticsநைகல் ஃபெர்குசன்தார் எஸ் சலாம்

AVZ Minerals Ltd secures long-term land concession for Kabondo Dianda Intermodal Staging Station in DRC

AVZ Minerals secures long-term land concession for Intermodal Staging Station in DRC The station is a key component of the company’s logistics infrastructure plan to export product from the Manono Lithium and Tin Operation. The company was also awarded a 25-year renewable rental agreement for industrial land by the Haut-Lomami Lands Office. AVZ Minerals Ltd’s (ASX:AVZ) (OTCMKTS:AZZVF) (FRA:3A2) subsidiary Nyuki Logistics Company SASU has secured a renewable 25-year lease on a 1,227-hectare site around 4 kilometres southeast of the regional town of Kabondo Dianda in the DRC. The site will host the Kabondo Dianda Intermodal Staging Station, which will form a vital part of AVZ’s logistics infrastructure plan to export finished products produced from the Manono Lithium and Tin Operation (MLTO) for export to global markets.

Nigel fergusonKabondo diandaKabonda diandaNyuki logistics companyHaut lomami lands officeKabondo dianda intermodal staging stationManono lithiumTin operationDar es salaamNyuki logisticsHaut lomami landsநைகல் ஃபெர்குசன்தார் எஸ் சலாம்

AVZ Minerals talks progress on Manono mining licence and optimised DFS

AVZ Minerals talks progress on Manono mining licence and optimised DFS AVZ Minerals Ltd s (ASX:AVZ) Nigel Ferguson tells Proactive they re close to having its Mining Licence for the Manono project awarded by the Congolese Government. He adds that the optimised Definitive Feasibility Study is on track and they re also progressing discussions with financiers around debt and equity funding to develop the project. Quick facts: AVZ Minerals Ltd Follow Proactive NO INVESTMENT ADVICE The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is.

Nigel fergusonMining licenceDefinitive feasibility studyMid capsDirector interviewsRare earths specialist mineralsAvz minerals ltdAsx avzநைகல் ஃபெர்குசன்சுரங்க உரிமம்நடுவில் தொப்பிகள்

AVZ Minerals Ltd upgrades Manono lithium, tin resources after pit floor drilling

AVZ Minerals Ltd upgrades Manono lithium, tin resources after pit floor drilling
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Nigel fergusonManono lithiumTin projectDemocratic republicRoche dureInferred resourcesநைகல் ஃபெர்குசன்தகரம் ப்ராஜெக்ட்ஜனநாயக குடியரசுரோச் தூரே