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Kavango Resources ( (GB:KAV) ) has issued an announcement.
Kavango Resources PLC has successfully raised additional funds through the issuance of new ordinary shares in both the UK and Zimbabwe, following strong demand for its shares. The funds, amounting to £150,000 in the UK and approximately US$129,035 in Zimbabwe, will support the company’s general working capital and further exploration and mine development efforts, enhancing its operational capabilities and market presence.
More about Kavango Resources
Kavango Resources PLC is a Southern Africa-focused company specializing in metals exploration and gold production. The company is listed on the London Stock Exchange and the Victoria Falls Stock Exchange, with a market focus on expanding its mining operations and exploration activities in the UK and Zimbabwe.
Average Trading Volume: 1,610,773
Technical Sentiment Signal: Buy
Current Market Cap: £37M
See more insights into KAV stock on TipRanks’ Stock Analysis page.