Global Uranium and Enrichment

Six local resources companies have announced capital raisings of around $26 million for projects including in lithium and rare earths, with one of the businesses, Okapi Resources, planning to join the ASX bourse.

Gold explorer Okapi Resources has enjoyed fruitful gains on its first day as a listed company, which came nine months after its directors attempted to float the business as Huntsman Resources.

Okapi Resources Limited (ASX:“OKR”) (“Okapi” & “Company”) is pleased to announce that, further to its announcement of 24 January 2018, it has completed the issue of 2,142,857 fully paid ordinary shares at an issue price of $0.70 per share raising A$1.5 Million before costs. 

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David Reeves has resigned as non-executive chair of European Metals in order to concentrate on his executive role and the development of the Warrawoona Gold Project for Calidus Resources. Current managing director Keith Coughlan will become executive chair in the interim.

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