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Walkabout Resources Ltd well on track to fully fund Lindi Jumbo Graphite Project into development and production

Walkabout Resources Ltd (ASX:WKT) is making great strides to secure the financing required to fully fund the Lindi Jumbo Graphite Project in Tanzania into development and production.
The latest step has seen the company close a 1 for 10 non-renounceable entitlement issue with Walkabout to reel in more than $7.6 million in funding, with new shares slated for issue on July 12 and quotation set to occur the following day.
During the raise, shareholders subscribed for just over 20 million of the 38 million shares on offer, raising slightly more than A$4 million.
Walkabout’s entitlement offer was underwritten, meaning a suite of shareholder underwriters, including the company chairperson, will pick up more than 18 million shortfall shares between them to raise the full A$7.6 million. ....

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Walkabout Resources Ltd completes entitlement offer, secures $7.6 million to drive Lindi Jumbo Graphite Mine toward production

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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Walkabout Resources Ltd director shows support for energy minerals strategy with on-market purchase

Walkabout Resources Ltd director shows support for energy minerals strategy with on-market purchase
proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.

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Walkabout Resources Ltd closes final Stage 3 companion equity funding for Lindi Jumbo Graphite Project

Walkabout Resources Ltd closes final Stage 3 companion equity funding for Lindi Jumbo Graphite Project
proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.

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Proactive news headlines including Cauldron Energy, Walkabout Resources, Weebit Nano and Australian Strategic Materials

Proactive news headlines including Cauldron Energy, Walkabout Resources, Weebit Nano and Australian Strategic Materials
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

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