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Walkabout Resources Ltd on track at Lindi Jumbo Graphite Project with multiple contractors active proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.
Walkabout Resources bolsters board to help deliver development, production and growth Experienced mining executives Phil Montgomery and Peter Finnimore have been appointed non-executive directors, effective immediately, with the new board structure comprising three independent non-executive directors. The company is also improving corporate governance by separating the role of chairman and CEO. Walkabout Resources Ltd (ASX:WKT) (FRA:N6D) has appointed two new non-executive directors to its board reflecting the completion of debt and companion equity funding for the construction of the Lindi Jumbo Graphite Mine in Tanzania. The company believes the appointment of Phil Montgomery and Peter Finnimore as non-executive directors is pivotal to the execution of the next phase of its development, bolstering the depth and breadth of skills.
Walkabout awards contracts to Tanzania's TNR for graphite project mining-technology.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mining-technology.com Daily Mail and Mail on Sunday newspapers.
Walkabout Resources hires Tanzanian firm to help prepare Lindi Jumbo Graphite Project for production TNR Engineering has been awarded the contract to provide bulk earthworks and civil engineering works at the mine. TNR’s Stellah Kimaro, Lindi Jumbo director Rachel Songo, TNR’s Terry Calavrias, Lindi Jumbo company secretary Ephraim Mrawa and TNR’s Joseph Watanda. Walkabout Resources Ltd (ASX:WKT) has taken the next step towards production at its flagship Lindi Jumbo Graphite Project in Tanzania, appointing local contractor TNR Engineering to undertake site preparation work. The value of the mobilisation agreement is about US$5.6 million and it aligns with Walkabout’s ‘local first’ policy and extensive due diligence process examining safety, experience and capabilities.
Walkabout Resources Ltd (ASX:WKT) is making great strides to secure the financing required to fully fund the Lindi Jumbo Graphite Project in Tanzania into development and production. The latest step has seen the company close a 1 for 10 non-renounceable entitlement issue with Walkabout to reel in more than $7.6 million in funding, with new shares slated for issue on July 12 and quotation set to occur the following day. During the raise, shareholders subscribed for just over 20 million of the 38 million shares on offer, raising slightly more than A$4 million. Walkabout’s entitlement offer was underwritten, meaning a suite of shareholder underwriters, including the company chairperson, will pick up more than 18 million shortfall shares between them to raise the full A$7.6 million.
Walkabout Resources completes entitlement offer, secures $7.6 million to drive Lindi Jumbo Graphite Mine toward production The fresh equity will unlock a key funding package and support Walkabout as it works to move its flagship Tanzanian graphite project into production. Walkabout Resources will use the capital to develop its flagship Tanzanian graphite play. Walkabout Resources Ltd (ASX:WKT) is poised to bring in more than A$7.6 million in funding after closing its latest entitlement offer. The graphite explorer finalised its one-for-10, non-renounceable entitlement issue on Monday, July 5, with new shares slated for issue on July 12 and quotation to occur the following day.
Walkabout Resources Ltd director shows support for energy minerals strategy with on-market purchase proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.
Walkabout Resources Ltd closes final Stage 3 companion equity funding for Lindi Jumbo Graphite Project proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.
The Lindi Jumbo Project and acceptance into ERMA further aligns the company’s strategy to become a globally significant source of responsibly sourced...