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Shares dip as Zambezi seeks capital

ZAMBIA-focused explorer Zambezi Resources’ shares shed 4% after it announced plans to boost its bank balance by $A15 million to advance works at the Kangaluwi copper project.

MiningNews.Net
Shares dip as Zambezi seeks capital

The company has accepted LinQ Capital’s offer of a two-tranche convertible note facility worth $5 million per tranche and will raise a further $5 million by a rights issue. LinQ previously loaned...

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