Mining News

Kapore raises funds for Niger uranium hunt

Junior Kapore Metals will raise A$3-million to fund exploration and development of its Agadez uranium project, in Niger. The ASX-listed company on Friday announced that it had received firm commitments for the placement of 90.9-million shares, priced at 3.3c a share. More than 83.5-million of the shares will be placed under Kapore’s existing placement capacity, while the placement of the remaining 1.5-million shares will be subject to shareholder approval.

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