Askari Metals Limited (AU:AS2) has released an update.
Askari Metals Limited has launched its Share Purchase Plan (SPP), with directors also participating, as the company ramps up its Southern African exploration activities, including the development of its Uis Lithium Project in Namibia and the acquisition of the Matemanga Uranium Project in Tanzania. Shareholders are encouraged to engage in the SPP which opened on 30 April 2024, with options included for further investment opportunities. The company is also considering a spin-out strategy for its Australian assets, which comprise a range of gold, copper, lithium, and REE projects.
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