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Cora Gold Ltd. ( (GB:CORA) ) has shared an announcement.
Cora Gold Limited has successfully raised approximately £1.55 million through a subscription of new ordinary shares, aimed at advancing the Sanankoro Gold Project towards construction readiness. This fundraising follows an updated Mineral Resource Estimate and the partial lifting of a mining permit moratorium by the Mali government, positioning Cora Gold to potentially enhance the project’s economics amidst high gold prices.
More about Cora Gold Ltd.
Cora Gold Limited is a mining company focused on gold exploration and development in West Africa. The company is primarily involved in advancing its Sanankoro Gold Project in southern Mali, with a focus on bringing it to construction readiness.
YTD Price Performance: 140.82%
Average Trading Volume: 659,441
Technical Sentiment Signal: Sell
Current Market Cap: £26.68M
For a thorough assessment of CORA stock, go to TipRanks’ Stock Analysis page.
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