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Delecta Limited ( (AU:MOM) ) just unveiled an update.
Moab Minerals Limited has secured a $600,000 loan from European Lithium Ltd to fund its acquisition of interest in the Sasare Copper Gold Project in Zambia, exploration activities at the Manyoni Uranium Project in Tanzania, and general working capital. This financial move is expected to enhance Moab’s operational capabilities and strengthen its position in the exploration sector, potentially benefiting stakeholders by expanding its project portfolio.
More about Delecta Limited
Moab Minerals Limited (ASX:MOM) is an exploration and project development company focused on the Manyoni Uranium Project in Tanzania, which it co-owns with Galo Capital Ltd. The company also has interests in lithium and gold exploration in Ghana through CAA Mining and owns the Highline Copper-Cobalt Project in Nevada.
Current Market Cap: A$4.03M
For an in-depth examination of MOM stock, go to TipRanks’ Overview page.