Kavango seeks $8,17 million

The company has also bolstered its position in the metals exploration sector by acquiring a 45 percent stake in its drilling partner, equity drilling investment, for US$22 500.

KAVANGO Resources plans to raise £6,56 million (US$8,17 million) through the issuance of 93,02 million new shares at £0,007 each, with a focus on its projects in Botswana’s Kalahari Copper Belt (KCB) and the Hillside and Nara projects in Zimbabwe.The company is actively developing key projects in Botswana, particularly the KCB, where it has commenced…

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