Akora Resources Ltd. (AU:AKO) has released an update.
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Akora Resources Ltd. has successfully raised A$0.6 million through a placement of new shares, priced at A$0.13 each, to accelerate feasibility study activities and explore the acquisition of a neighboring tenement. This capital injection supports the company’s flagship Bekisopa Iron Ore Project in Madagascar, which aims to produce high-grade iron ore for greener steel production. The move reflects Akora’s strategic push to advance its projects while engaging with key stakeholders.
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