Walkabout Resources completes entitlement offer, secures $7.6 million to drive Lindi Jumbo Graphite Mine toward production
The fresh equity will unlock a key funding package and support Walkabout as it works to move its flagship Tanzanian graphite project into production. Walkabout Resources will use the capital to develop its flagship Tanzanian graphite play.
Walkabout Resources Ltd (ASX:WKT) is poised to bring in more than A$7.6 million in funding after closing its latest entitlement offer.
The graphite explorer finalised its one-for-10, non-renounceable entitlement issue on Monday, July 5, with new shares slated for issue on July 12 and quotation to occur the following day.
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