Mkango Resources has "very strong" project in Songwe, reckons Dawes - Proactiveinvestors (NA): "Mkango Resources' (CVE:MKA) recent oversubscribed C$2.3 million financing in what is a difficult climate supports the company's view that its Songwe rare earths project is "very strong".
The cash will go towards taking the project in Malawi to the next level and through to pre-feasibility - for which work is already swiftly advancing, chief executive Will Dawes tells Proactive Investors.
Indeed, Dawes took part in the fundraise, as JP Morgan 1998 Employee Trust, of which he is a beneficiary, subscribed for 285,715 units. This is in addition to further shares acquired in the market recently."
'via Blog this'
The cash will go towards taking the project in Malawi to the next level and through to pre-feasibility - for which work is already swiftly advancing, chief executive Will Dawes tells Proactive Investors.
Indeed, Dawes took part in the fundraise, as JP Morgan 1998 Employee Trust, of which he is a beneficiary, subscribed for 285,715 units. This is in addition to further shares acquired in the market recently."
'via Blog this'
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