01/02/2019 - 12:54

Sovereign raises $4.3m for graphite feasibility study

01/02/2019 - 12:54

Bookmark

Save articles for future reference.

Sovereign Metals has raised $4.3m through a share placement priced at 6.5c per share to accelerate the definitive feasibility study for its Malingunde flake graphite project in Malawi and additional metallurgical and exploration activities for the recently identified rutile potential. The company will also raise up to an additional $1m through a share purchase plan for existing shareholders.

Subscribe today for award-winning, unbiased and trusted journalism

Subscription Options