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Kavango Resources to list in London and advance flagship project in Botswana

Mike Moles, founder of Kavango Resources, tells Proactive's Andrew Scott they're gearing up for an Initial Public Offering (IPO) in London in the coming weeks to raise cash to help advance their Kalahari Suture Zone (KSZ) project in Botswana.

Moles says  a good chunk of the money raised will be spent on deploying helicopters to carry out an airborne electromagnetic survey over the property to identify drill targets.

Kavango also has another asset in Botswana - a Copper Project - which is being managed and funded by joint-venture partner Rio Tinto.

Quick facts: Kavango Resources PLC

Price: 2.45 GBX

LSE:KAV
Market: LSE
Market Cap: £3.94 m
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