Cora Gold Ltd has signed a binding term sheet for a US$120 million (£80.3m) gold stream with its strategic investor Eagle Eye Asset Holdings Pte. Ltd to develop the Sanankoro project in southern Mali. PERMITTING Eagle Eye has already invested £13.7m for 228,452,356 ordinary shares, representing 29.90% of Cora’s issued share capital. Under the terms […]
Tag: Cora Gold plc
Cora Gold closes fundraise at $19.8m
Cora Gold Ltd has now closed its fundraise for gross proceeds of $19.803 million for its Sanankoro gold project in southern Mali. Since receiving $15,855,000 in February, the company has raised $3,928,169.26, before expenses, through the proposed issue of 80,660,559 new ordinary shares to certain existing shareholders and new investors. On admission, Cora’s share capital […]