Kavango seeks $8,17 million

Shard Capital’s capex assumptions include an estimated US$5 million for the first 50 tonnes per day carbon-in-pulp (CIP) plant, with additional modular plants expected to cost $3 million each.

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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