RESOURCE STOCKS

'Game-changing' US grant has Blencowe eyeing bigger graphite project

Awarded US$5M grant by US government

Blencowe Resources

Blencowe Resources CEO Mike Ralston elaborates on a "game-changing" grant - US$5 million from the US Development Finance Corporation - providing funding solutions to advance Blencowe's Orom-Cross graphite project in Uganda, with the company now considering a larger-scale operation and aiming for a decision to mine before the end of 2024.

ABOUT THIS COMPANY
Blencowe Resources

HEAD OFFICE: 167-169 Great Portland Street, Fifth Floor London, W1W 5PF

TEL: +44 (0) 1624 681 250

EMAIL: info@blencoweresourcesplc.com

WEB: https://blencoweresourcesplc.com/

SOCIAL: Twitter, LinkedIn 

DIRECTORS: Cameron Pearce, Alex Passmore, Sam Quinn

QUOTED SHARES ON ISSUE: 218 million

MARKET CAP (at May 20,2024): £12.5 million

MAJOR SHAREHOLDERS: RAB Capital 10%, Board and management 9%, Jangada Mines 9.5%, Jub Capital 8.2%

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