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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

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