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The latest update is out from Kavango Resources ( (GB:KAV) ).
Kavango Resources PLC has successfully secured £1,511,668 through the issuance of two Convertible Loan Notes to finance its ongoing operations. This strategic financing, which includes contributions from Deputy Chairman Peter Wynter Bee and major shareholder Purebond, will be converted into ordinary shares upon the publication of a prospectus. The move is part of Kavango’s broader strategic financing initiative, now totaling £10,277,868, aimed at reinforcing its market positioning and supporting its listing on the Victoria Falls Stock Exchange.
More about Kavango Resources
Kavango Resources PLC is a Southern Africa-focused metals exploration company, primarily engaged in the exploration of mineral resources. The company targets strategic investments in the metals exploration industry, aiming to expand its operations and increase shareholder value.
YTD Price Performance: 0.0%
Average Trading Volume: 67,755
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $13.28M
For a thorough assessment of KAV stock, go to TipRanks’ Stock Analysis page.
