
NEWSFLOW
#CORA Gold – conditionally raised $19.843m via equity and convertible loan notes
- 2023-02-24 07:56:19
Only earlier this week Cora Gold (CORA) announced a new discovery (at the Bokoro II permit) at its Sanankoro gold project in Mali. Now an “Additional New Discovery at Sanankoro Gold Project”...
Cora Gold (CORA) “is pleased to announce that it has signed a US$21m mandate and term sheet with investment firm, Lionhead Capital Advisors Proprietary Limited, to fund the future development of its flagship Sanankoro Gold Project”…
Cora Gold (CORA) shares were more than 9p as recently as August, since when the company has particularly published an initial Scoping Study on the Sanankoro gold discovery using $1,400 gold and it last month emphasised “a busy schedule of exploration programmes planned once again. We are confident that positive news flow will be generated throughout the coming months”. With this, gold on the rise above $1,700 per ounce and the shares currently at a 7.5p offer price, giving a below £14.30 million (currently approx. $18 million) market cap, the shares are a buy...