21
Jul
09:23
Adavale secures extra funding for Tanzania nickel sulphide project
Australian miner Adavale Resources has secured additional funding commitment for up to AUD 0.82 million ($0.55m) through an expanded placement to progress the drilling programme at its Kabanga Jirani nickel project in Tanzania, Kallanish notes.
“Coupled with the AUD 1.65 million placement announced on 19 July 2023, the total Placement amount is now AUD 2.47 million,” the company said in a security filing on Friday.
The total placement will compri…
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