Askari Metals Limited (AU:AS2) has released an update.
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Askari Metals Limited has strengthened its financial position by issuing an additional $30,000 in Series B Redeemable Notes, on the same terms as previously announced. This move bolsters working capital to support exploration in Namibia and Tanzania, as well as the potential acquisition of new uranium projects. The company is also considering a divestment strategy for its Australian assets, focusing on gold, copper, lithium, and REE projects.
For further insights into AU:AS2 stock, check out TipRanks’ Stock Analysis page.