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AVZ Minerals Ltd investors support Manono Lithium and Tin Project through heavily oversubscribed $40 million placement


AVZ Minerals investors support Manono Lithium and Tin Project through heavily oversubscribed $40 million placement
The placement, which was oversubscribed by A$10 million, was well supported by high-quality institutions from Australia and North America and includes a European-based physical energy commodities merchant.
Proceeds from the placement will increase cash reserves as AVZ progresses toward a Final Investment Decision.
AVZ Minerals Ltd (ASX:AVZ) (OTCMKTS:AZZVF) (FRA:3A2) has received firm commitments to raise A$40 million from sophisticated, professional and institutional investors in a placement to advance the tier-1 Manono Lithium and Tin Project in the Democratic Republic of Congo.
The capital raising was undertaken to allow the board to efficiently progress towards a Final Investment Decision (FID) for the commencement of project development at the Manono Project. ....

United States , Nigel Ferguson , Curran Co , Tin Project , Democratic Republic , Final Investment Decision , North America , Manono Project , Dathcom Mining , Bankable Feasibility Study , Manono Permis , Share Purchase Plan , ஒன்றுபட்டது மாநிலங்களில் , நைகல் ஃபெர்குசன் , குர்ரன் இணை , தகரம் ப்ராஜெக்ட் , ஜனநாயக குடியரசு , இறுதி முதலீடு முடிவு , வடக்கு அமெரிக்கா , பகிர் கொள்முதல் திட்டம் ,

AVZ Minerals Limited lodges Manono Mining Licence application with DRC Government


AVZ Minerals lodges Manono Mining Licence application with DRC Government
This “marks the culmination of our highly strategic and well-executed exploration program and is another signal that the company is rapidly advancing towards the construction phase of our mining project and, ultimately, moving into production,” says MD.
The company is working towards delivery of the first SC6 lithium product in the first quarter of 2023.
AVZ Minerals Limited (ASX:AVZ) (OTCMKTS:AZZVF) (FRA:3A2) has passed a key milestone along the path to production at Manono Lithium and Tin Project with a Mining Licence application lodged with the DRC Government.
All of the required documentation to support AVZ’s application for the Permis d’Exploitation (Mining Licence) has been lodged by AVZ’s majority-owned DRC company Dathcom Mining SA and accepted for consideration by the Cadastre Minier (CAMI) in Kinshasa. ....

Democratic Republic Of The General , Democratic Republic Of The Congo , Nigel Ferguson , Avz Minerals Limited , Mincore Pty Ltd , Manono Lithium , Tin Project , Mining Licence , Dathcom Mining , Cadastre Minier , Manono Project , Social Impact Assessment , Special Economic Zone , Mid Caps , Avz Minerals Ltd , Asx Avz , ஜனநாயக குடியரசு ஆஃப் தி ஜநரல் , ஜனநாயக குடியரசு ஆஃப் தி காங்கோ , நைகல் ஃபெர்குசன் , தகரம் ப்ராஜெக்ட் , சுரங்க உரிமம் , சமூக தாக்கம் மதிப்பீடு , சிறப்பு பொருளாதார ஸோந் , நடுவில் தொப்பிகள் ,