Yesterday, Cora Gold announced the raising of £1.05m from existing significant shareholders and several Cora directors (including CEO Robert Monro and NEDs Edward Bowie and Adam Davidson) via a subscription of 17.5m shares priced at 6p/share. Net proceeds are to be put mainly towards supporting Cora through the permitting process for the flagship Sanankoro project in southern Mali (and also for continued exploration of the company’s permits and for general working capital). This happens to be th ....
