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Loncor Resources closes upsized Private Placement as they further exploration on Adumbi Deposit

Loncor Resources closes upsized Private Placement as they further exploration on Adumbi Deposit

Loncor Resources (TSE: CN- OTCQX: LONCF) Vice President John Barker joined Steve Darling from Proactive to share news the company has closed its most recent financing. That financing was oversubscribed bringing in over 5.7 million.

Barker talks about the demand they were seeing and how they plan on using their capital to further advance the Adumbi Deposit in the DRC. He also provided an update on the joint venture with Barrick.