Niger: Vital Metals raises fund for Bouli gold project
Wednesday, 28 March 2018 19:01
Vital Metals, active on Bouli gold project in Niger, announced on March 26 a fundraising of $3.8 million through the placement, in two tranches, of 422.2 million common shares worth $0.009 each.
The company will use the fund to fast-track exploration works on Bouli project and further its Watershed tungsten project in Queensland (Australia).
On Bouli project, where it has recently reported ultra-high grade results from works on Bella Tondi prospect, the company plans to realize more high-grade intersections.
Let’s note that the ASX-listed company headed by Mark Strizek also operates the Kollo gold project in Burkina Faso.
Live News
-
Togo business registrations rebound after two years of decline
20:30
-
Morocco Targets $297 Million Gaming Market with Huawei Partnership
18:42
-
In Lomé, experts explore communication as a lever for climate action
17:47
-
Algeria-Qatar $287m hospital project targets 2027 delivery
17:46
-
Two Pan-African Competitions Launch Applications, Offering Funding for Agri-Food and Digital Start-ups
17:38
-
Togo plans supplementary health cover to strengthen universal insurance
17:35
-
Mozambique begins construction of solar power plant to supply 1,200 rural households
16:50
-
Cotton Prices Reach 12-Month High on Supply Concerns and Rising Costs
16:45
-
Senegal’s Unemployment Rate Hits 23.3% Under Broad Definition, vs 5.4% by ILO Standard
16:39
-
Orange Bets on Digital Training to Drive Trust-Led Growth in Africa
14:35
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...
Coca-Cola will invest $1.03 billion in South Africa by 2030 to expand capacity and distributi...
$287 million hospital project shows accelerated construction progress Authorities reaffirm 2027 commissioning timeline following site...
Cotton prices hit 12-month high, rising 8.7% since December Gains driven by tighter supply, lower U.S. acreage forecasts Rising fertilizer...
Senegal broad unemployment rises to 23.3% in Q4 2025 Rate highlights underemployment beyond 5.4% ILO measure Youth, women, rural areas...
Kenya signs supplementary budget raising spending to 4.69 trillion shillings Funds target security, education, housing, agriculture, health...
Sungbo Eredo, located in southwestern Nigeria near the Yoruba town of Ijebu-Ode, stands as one of the most remarkable yet overlooked monuments of...
“Dodji, l’Archet Vodoun” is a documentary about reconnecting with ancestral culture to understand one’s origins, following an initiation ceremony that...