Côte d’Ivoire : Awalé Resources raises CDN832,500 for its exploration projects
Wednesday, 12 September 2018 20:07
On September 11, 2018, The TSX-V listed mining company Awalé Resources, operating in Côte d’Ivoire, announced that it raised CDN832,500 through a non-brokered private placement by issuing 6.66 million shares worth CDN0.125 each.
The company plans to use the placement to fund its ongoing operations in Cote d’Ivoire, and cover general as well as operating costs.
In Côte d’Ivoire, the company has a portfolio of projects at various exploration phases. Bondoukou project which is not so far from the area covered by Abengourou permit is the most important and most advanced of them. There is also the 397 km2 Odienné project.
Live News
-
Rising bad loans in Gabon and Cameroon heighten banking risk in CEMAC
19:57
-
Douala port awards cargo scanning concession to Transatlantic DSA
19:55
-
Benin prepares to bring flagship tourism projects on stream from 2027
19:14
-
Cameroon telecom regulator plans CFA46bn dividend payout in 2026
18:52
-
Starlink nears regulatory clearance for satellite internet launch in Cameroon
18:31
-
MTN South Sudan Cuts Prices by 25% Amid Government Push to Reduce Internet Costs
18:28
-
Off-Grid Solar Firm Sun King Raises $40 Million as It Scales in Africa, Asia
17:54
-
From Mobile Data to Farm Loans: How AI Is Expanding Rural Credit in Africa
17:24
-
Ethiopia Launches 5-Year Digital Payment Strategy, Instant Payment System
18:05
-
Togo Begins Distribution of 3,900 Home Solar Kits
17:54
Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...
Benin says a coup attempt was foiled, crediting an army that “refused to betray its oath.” ...
Eritrea faces some of the Horn of Africa’s deepest infrastructure and climate-resilience gaps, lim...
In Cotonou, Benin’s economic capital and home to the country’s leading institutions, the situation r...
GSMA outlines reforms needed to meet targets of the New Technological Deal 2034 High mobile taxes...
Benin plans to start operating major tourism projects from 2027–2028 The 2026 tourism budget falls sharply as large construction projects near...
MTN South Sudan cuts service prices by 25%, minister says Government presses operators to further reduce internet costs ITU says mobile internet...
AI-backed agri-fintech is increasingly being used to pilot new rural credit models in Africa, where access to finance remains one of the main obstacles to...
Nigeria approves upgrade of VHF radio systems at major airports Project includes new biometric portals, scanners, and passenger guidance...
MoMA opens Pan-African portrait photography exhibition on December 14 Show explores mid-20th century African identity and political...
Cameroon’s REPACI film festival returns Dec. 11-13 with 135 short films Events include screenings, masterclasses, panels on social cinema and...