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Page 16 - Maniry Graphite Project News Today : Breaking News, Live Updates & Top Stories | Vimarsana

BlackEarth closes heavily oversubscribed placement to raise $4 89 million

Funds shall be applied towards completing the Company’s Definitive Feasibility Study (“DFS”) A full-scale project development plan for Madagascar shall be fast tracked during 2021 Funding will also allow the Company to conclude extensive drilling and exploration programs at its Maniry and other high-grade sites in Madagascar Concentrate from Stage 2 Pilot program shall be provided to Urbix Resources and LuxCarbon for testing and advancement of further offtake arrangement discussions Allocation of funding to be used in advancing downstream processing development plans Following the Placement, the Company’s cash balance has increased to circa $7.4 million BlackEarth Minerals NL (ASX: BEM) (BlackEarth or the Company) is pleased to announce that it has successfully completed a bookbuild and secured commitments from domestic and international institutional and sophisticated investors to subscribe for approximately 36.13m new fully paid ordinary shares (New Shares) in t

Blackearth Minerals NL raises $4 89 million in heavily oversubscribed placement to finalise graphite project DFS

Blackearth Minerals NL raises $4 89 million in heavily oversubscribed placement to finalise graphite project DFS
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BlackEarth Minerals (ASX:BEM) raises funds for Maniry Project DFS

FTSE 100 stuck in the red but still performs well over first three months of the year

FTSE 100 stuck in the red but still performs well over first three months of the year
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

FTSE 100 in the doldrums, while Wall Street expected to show mixed start ahead of jobs data

FTSE 100 in the doldrums, while Wall Street expected to show mixed start ahead of jobs data
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

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