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Troubled Magnis gets working capital offer for Nachu advancement

New York-based family office offers shares subscription facility to suspended graphite developer

Haydn Black
Magnis has been involved at Nachu for a decade.

Magnis has been involved at Nachu for a decade. | Credits: Magnis

Magnis Energy Technologies has no shortage of woes, but after a meeting, it appears to have secured a working capital facility to keep its dream of developing the Nachu graphite project in Tanzania alive....

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