Armadale Capital (GB:ACP) has released an update.
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Armadale Capital PLC, an AIM-listed investment group with a focus on African natural resource projects, has reported key developments and strategic efforts for their Mahenge Liandu Graphite Project in Tanzania. Despite a challenging year, the company has made progress in optimizing their Definitive Feasibility Study and securing financing options to minimize shareholder dilution. Additionally, Armadale has diversified its portfolio with the acquisition of the Canyon Silver project in the USA, while continually working on improving its environmental and community engagement credentials.
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