The mining company has provided an update on the progress of its Zulu Lithium and Tantalum Project, including the commencement of civils work and the confirmation of orders for additional equipment.
The mining company has raised £1.575 million through a discounted share placing, signaling low investor confidence and potential funding challenges.
The mining company has provided a corporate update, including details on a non-binding letter of interest regarding its Zulu Lithium and Tantalum Project.
The mining company provides an update on its interest in Circum Minerals, stating the Ethiopian government has revoked Circum's mining licence and the matter is now in arbitration.
The mining company has extended an offtake agreement for its lithium and tantalum project, but key details around the financial impact and execution risk remain unclear.
The mining company has secured interim funding through a share subscription and settlement of contractor invoices, but faces potential liquidity challenges as it seeks a fully funded solution for its Zulu project.
The mining company provides an update on the ongoing refinancing efforts for its Zulu Lithium and Tantalum Project, as well as discussions with stakeholders to secure funding.
The mining company has issued new shares at a significant discount to settle outstanding invoices, amid a dramatic decline in its share price over the past year.
The mining company has raised £540,000 through a discounted subscription, but the funds are only an interim measure and do not fully address the group's short-term funding needs.
The mining company has provided an update on its fundraising efforts, indicating that the original £3.5 million target was not met, but the company is exploring alternative options.