By Jaime Llinares TaboadaKavango Resources PLC said Monday that it has raised 1.9 million pounds ($2.6 million) via share issue in anticipation of increasing drilling activities. The London-listed mining company has issued 35.3 million shares at a price of 5.5 pence, representing a discount to the 5.8 pence closing price on Friday. The shares have one warrant attached exercisable at 8.5 pence over two years.

Source: Wall Street Journal July 05, 2021 06:56 UTC