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Placing to Raise £300,000, 16 Dec 2020 01:00


 
Placing to Raise £300,000, Directors and CEO Purchase of Shares, Issue of Options and Operational Update 
 
Blencowe Resources, the natural resources company focussed on the development of the Orom-Cross Graphite Project in Uganda, is pleased to provide the following corporate and operational update.
Highlights:
·    £75,000 of these new shares acquired by Directors and the CEO showing strong support
·    Directors and Senior Management issued with incentive share options
·    Drilling completed at world class Orom-Cross graphite project in Uganda
·    Samples recently sent to South Africa for assaying and maiden JORC Resource.
·    Further samples sent to highly accredited SGS Lakefield laboratory in Canada for stage two metallurgical test work. ....

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