IN BRIEF: Mkango secures further GBP325,000 funding from CoTec

Thu, 29th Dec 2022 08:38

Mkango Resources Ltd - Vancouver-based mineral exploration and development company - Says CoTec Holdings Corp has agreed a further GBP325,000 investment through a convertible advance note. It has also extended exclusivity until January 31, 2023. In July, CoTec had provided Mkango with a GBP500,000 initial advance, and a further GBP500,000 advance was agreed in September.

Current stock price: 13.50 pence, down 1.8% in London on Thursday morning

12-month change: down 56%

By Sophie Rose, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

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