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.

Shares dip as Zambezi seeks capital Shares dip as Zambezi seeks capital Shares dip as Zambezi seeks capital Shares dip as Zambezi seeks capital 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.

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