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Lotus seeks to buttress budding Kayelekera venture

Balance sheet to be boosted by fund raising

Michael Quinn
Kayelekera, Malawi

Kayelekera, Malawi | Credits: Lotus

New uranium producer Lotus Resources has flagged a plan to shore up its balance sheet by undertaking a circa A$80 million equity raising, pricing new shares at $2.15. Lotus had a closing cash balance...

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