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IN BRIEF: African Pioneer raises cash to progress Namibian gold scheme

10th Feb 2025 17:16

African Pioneer PLC - natural resource explorer and developer focused on sub-Saharan Africa - Raises GBP420,000 via the issue of 420 million shares from existing shareholders and new investors to facilitate advancement of the Ongombo copper gold project in Namibia. In addition, the company plans to issue 1.2 million shares to settle GBP17,246 of accrued consultancy fees.

Current stock price: 1.09 pence, down 5.4% in London on Monday

12-month change: down 44%

By Jeremy Cutler, Alliance News reporter

Comments and questions to [email protected]

Copyright 2025 Alliance News Ltd. All Rights Reserved.


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