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IN BRIEF: Kodal Minerals raises GBP3.5 million in share placing

Fri, 19th Mar 2021 14:45

Kodal Minerals PLC - miner developing project in southern Mali and Ivory Coast - Raises GBP3.5 million from oversubscribed placing of 2.80 billion shares at 0.125 pence each. Will use funds to develop gold assets and flagship Bougouni project, south of Bamako in Mali.

Current stock price: 0.13 pence; down 21% on Friday

Year-to-date change: up 20%

By Greg Roxburgh; gregroxburgh@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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