Kavango Resources PLC's (LON:KAV) Michael Foster updates Proactive London's Andrew Scott following the news of a conditional sale of a 51% interest in its Ditau Project to Power Metal Resources PLC (LON:POW).
Separately KAV's raised gross proceeds of £358,500 in a placing and subscription.
Foster says the additional cash will be put towards working capital as well as work across its three project areas in the Kalahari Suture Zone, the Kalahari Copper Belt and Ditau.
