Kenmare Resources has raised £398,900 sterling in a placing of 5.7 million shares at 7p a share. Half the shares were placed with directors and the money will be used to fund the interests of the Commonwealth Development Corporation in the Ancuabe graphite mine in Mozambique.
Kenmare issue raises £480,000
Kenmare Resources has raised £398,900 sterling in a placing of 5.7 million shares at 7p a share
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