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Regal tidies up Kalwongwe

FOLLOWING a raft of agreements and the issue of more than 2.6 billion shares, development contender Regal Resources claims it now has in place the ownership structure needed to attract financing for the Kalongwe copper project in the Democratic Republic of Congo.

Michael Quinn
Regal tidies up Kalwongwe

The agreements see ASX-listed Regal ending up with 70% of Kalwongwe (up from 28%), with a Congolese company holding 25% and the DRC Government the 5% balance. All going to plan with regards the agreements...

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