logo-loader
Predictive Discovery Ltd

Predictive Discovery has new major shareholder in Capital Drilling

Capital Drilling is listed on the London Stock Exchange and employs 1,000 people in Africa.

shareholder concept
PDI is exploring for gold in West Africa

Predictive Discovery Ltd (ASX:PDI) has a new substantial shareholder in Capital Drilling Ltd (LON:CAPD) which has a 14.72% interest in the company.

The shareholding is a result of the recent $0.53 million share placement which was cornerstoned by Capital Drilling.

Capital Drilling has a focus on drilling in Africa with a fleet of 91 rigs, offering a range of drilling services as well as ancillary services including minerals laboratory testing.

It has extensive operations across the African continent including Egypt, Botswana, Tanzania, Mali, Mauritania, Cote d’Ivoire, and Burkina Faso, employing 1,000 people in Africa.

Capital Drilling is an investor and partner with a number of early-stage exploration companies and provides ongoing support to assist the management teams in their exploration activities.

READ: Predictive Discovery raises up to $531,000 in placement for Guinea exploration

Quick facts: Predictive Discovery Ltd

Price: $0.01

Market: ASX
Market Cap: $3.84 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Predictive Discovery Ltd named herein, including the promotion by the Company of Predictive Discovery Ltd in any Content on the Site, the...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Predictive Discovery expands exploration after recent gold discovery in Cote...

Predictive Discovery Ltd (ASX:PDI) managing director Paul Roberts speaks to Proactive Investors about expanding exploration at the Ferkessedougou Gold Project in Cote d’Ivoire, West Africa, after recently discovering new mineralisation. He says from a very small footprint, the company is...

on 31/7/19

2 min read