Gold explorer Anova Metals will appoint a new managing director upon completion of a proposed $3.9 million capital raising, while also entering into a loan agreement with a Hong Kong-based investment group for $2.5 million.
African Energy Resources has announced that current managing director Frazer Tabeart will become an executive director of investor relations and business development, and Bill Fry becomes executive
Local gold explorers Anova Metals and Exterra Resources have entered into a merger agreement, with Anova to wholly acquire Exterra in an all-scrip deal worth $21.3 million.
