Kavango Resources (KAV) is a Southern Africa-focused metals exploration company which has recently received £6M investment from Purebond in return for 52.4% of Kavango’s share capital.
Kavango Resources CEO Ben Turney presented and took live questions at our focusIR/London South East Natural Resources webinar, our final event of the year.
Ben provided the rationale for the £6M Purebond investment and explained who the investors behind the Purebond investment vehicle are and how he intends to invest the proceeds.
Kavango has used this investment to refocus the business in 2023, completing the acquisition of 6 Prospecting Licenses in Botswana’s Kalahari Copper Belt where they have commenced a geophysical study by helicopter to further assess the copper/silver potential.
In Southern Zimbabwe Kavango has recently acquired three potential bulk mining gold projects around Bulaywayo. The company has also taken a 15% share of Pambili Natural Resources Corporation in Matabeleland.
Kavango Resources (KAV)