Finance Metals & Minerals News

Cora secures $120m gold stream for Sanankoro

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 […]

Company Moves Finance Metals & Minerals News

Cora completes fundraise at £15.7m

Cora Gold Ltd has closed its recent fundraise at £15,707,141.34 through the issue of 261,785,689 new ordinary shares, each at a price of six pence. BOARD The fundraise included a subscription of £13,707,141.36 by Eagle Eye Asset Holdings Pte. Ltd for 228,452,356 new ordinary shares, equal to 29.9% of Cora. A retail offer raised an […]

Finance Metals & Minerals News

Cora raises £2m via retail offer

Cora Gold Ltd has conditionally raised £2 million by means of a subscription for 33,333,333 new ordinary shares, through a “significantly oversubscribed” retail offer, at six pence per share. SANANKORO The figure adds to the £13.7m strategic investment from 9 February made by Eagle Eye Asset Holdings Pte. Ltd. Cora said that allocations in the […]

Company Moves Finance Metals & Minerals News

Cora raises up to £13.7m with strategic investor

Cora Gold Ltd has conditionally raised between £12,854,074.26 and £13,707,141.36, before expenses, through a subscription by Eagle Eye Asset Holdings Pte. Ltd. EAGLE EYE The subscription for up to 228,452,356 new ordinary shares of no par value is at six pence per ordinary share, which is a 44% discount to the closing mid-market price of […]