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.
01/02/2019 - 12:54
Sovereign raises $4.3m for graphite feasibility study
By Matt Birney
01/02/2019 - 12:54
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Rank Company Revenue 80th Sovereign Metals $9.6m 93rd GreenX Metals $5.0m 94th Parkway Corporate $4.7m 96th Titan Minerals $4.4m 97th Great Northern Minerals $4.3m 604 listed resources wa companies ranked by revenue.
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