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22nd Sep 2023 16:09
(Alliance News) - Kodal Minerals PLC shares jumped on Thursday, after it said it has extended its long stop date for the Bougouni lithium project funding package. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More
Kodal Minerals PLC - mineral exploration and development company focused on lithium and gold assets in West Africa - Announces a conditional prepayment of USD3.5 million as part of a funding package, announced in January, for the Bougouni Lithium Project agreed between itself, Hainan Mining Co Ltd and Hainan's wholly owned UK-incorporated subsidiary Xinmao Investment Co Ltd. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More
(Alliance News) - Stock prices in London opened lower on Thursday, as analysts nervously look ahead to an interest rate decision from the Bank of England. Read More
(Alliance News) - Kodal Minerals PLC on Friday said that it has approved an extension of the long stop date to August 31 from June 30 to complete its January 19 funding package at the Bougouni lithium project in Mali. Read More
Kodal Minerals PLC - London-headquartered West Africa-focused lithium and gold-focused exploration and development company - On Wednesday said final assay results at Bougouni lithium project confirm high-grade mineralisation with additional high-grade lithium mineralised intersections at the Boumou, Bougouni South and Ngoualana prospects. Boumou is a high-priority target for further drilling to extend and define pegmatite bodies and allow for new resource estimate. Company also confirms further extension to June 30 of deadline for completion of funding package announced on January 19, agreed with Kodal Mining UK Ltd, Hainan Mining Co Ltd and its UK subsidiary Xinmao Investment Co Ltd. Hainan had agreed to acquire 51% of Kodal Minerals for USD100 million plus USD17.75 million equity subscription at 0.5p per share. Original deadline was April 30, first extended to May 31. Conditions still not yet satisfied include the transfer of Bougouni to a new Mali mining company owned by Kodal Mining. Read More
Kodal Minerals PLC - lithium and gold-focused exploration and development company - Agrees with Hainan Mining Co Ltd and its wholly-owned UK subsidiary Xinmao Investment Co Ltd to extend long stop date for Bougouni funding package to May 31 from January 19. Says extension allows some conditions to be satisfied, including the transfer of the Bougouni Project to a new Mali mining company owned by Kodal's recently incorporated UK subsidiary Kodal Mining UK Ltd. Says this restructuring is in progress although is not expected to complete by Sunday, the original deadline. Says all parties remain fully committed to the completion of the funding transaction as soon as possible. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More
(Alliance News) - Kodal Minerals PLC said on Thursday its funding package with Hainan Mining Co Ltd was approved by the Chinese government. Read More
Kodal Minerals PLC - Mali-focused mineral exploration and development company - Completes 41 reverse circulation and 18 diamond drill holes at the Bougouni project in southern Mali. Drilling focused on the development and extension of the Ngoualana prospect and exploration drilling at the Kola, Bougouni South and Boumou prospects. A total of 3,406 samples have been dispatched for laboratory analysis with initial high-grade assay results up to 2.78% lithium oxide returned for individual samples. Company adds it is maintaining regular dialogue with key Hainan Mining executives regarding the proposed Bougouni project development and plans to quickly move into a construction phase. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - Stock prices in London were lower at midday on Thursday amid rapidly fading hopes of a 'soft-landing' for the global economy and rising expectations of further aggressive tightening from the world's central banks. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - Kodal Minerals PLC on Thursday said that using a lower-cost processing plant will make rapid initial development plausible at the Bougouni project in Mali. Read More