logo-loader

Metals of Africa Ltd to increase cash position for Mozambique graphite

Published: 10:00 04 May 2016 AEST

au_africa_globe_358_5729322d7417b

Metals of Africa Ltd (ASX:MTA) is heading to market with a capital raising, and the ASX has granted the company a trading halt to prepare.

Recently the company has focused on its two graphite projects in the Cabo Delgado province of Mozambique.

The halt will remain in place until the opening of trade on Friday 6th May 2016, or earlier if an announcement is made to the market.

 

Proactive Investors is a global leader reporting financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.

Australian Strategic Materials signs US$600 million LoI

Rowena Smith, CEO and managing director of Australian Strategic Materials Ltd (ASX:ASM, OTC:ASMMF), joins Jonathan Jackson in the Proactive studio to discuss the company’ s Dubbo Project, in Central West New South Wales. This project aims to extract and process critical minerals and rare earth...

8 hours, 37 minutes ago