Askari Metals Limited (AU:AS2) has released an update.
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Askari Metals Limited has issued an amended Appendix 5B for the quarter ending June 30, 2024, rectifying the omission of details about new financing facilities. The company also announced the sale of the Callawa Project with proceeds aimed at enhancing working capital. Additionally, Askari Metals is actively exploring the Uis Lithium Project in Namibia and the recently acquired Matemanga Uranium Project in Tanzania, while considering a spin-out strategy for its Australian assets.
For further insights into AU:AS2 stock, check out TipRanks’ Stock Analysis page.
