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Kavango Resources ( (GB:KAV) ) has shared an announcement.
Kavango Resources has announced a strategic financing initiative, raising £6.57 million through the issuance of new shares. This funding will support the company’s development of gold mines in Zimbabwe and further exploration in Botswana, as well as general working capital. The financing is crucial for advancing their projects, with expectations to start mining by the end of 2025, reflecting Kavango’s growth phase and strategic focus on expanding its operational capabilities in the region.
More about Kavango Resources
Kavango Resources PLC is a metals exploration company focused on Southern Africa. The company primarily engages in the exploration and development of gold mines, with current projects in Zimbabwe and Botswana.
YTD Price Performance: 0.0%
Average Trading Volume: 67,755
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $13.41M
See more data about KAV stock on TipRanks’ Stock Analysis page.
