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IN BRIEF: Kavango Resources raises further funds in UK and Zimbabwe

10th Oct 2025 19:31

Kavango Resources PLC - London-based, South Africa-focused metals explorer and gold producer - Raises a further GBP150,000 via subscription for 15.0 million shares at 1.00 pence each and an extra USD129,035 by issue of shares at the same price. This is in addition to recent GBP2.2 million UK placing and subscription, and USD4.5 million VFEX subscription announced last month. Further fund raise comes after Kavango was made aware of further demand for its shares in Zimbabwe and the UK.

Current stock price: 1.00 pence, down 2.2% in London on Friday

12-month change: down 4.6%

By Jeremy Cutler, Alliance News reporter

Comments and questions to [email protected]

Copyright 2025 Alliance News Ltd. All Rights Reserved.


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Kavango Resources
FTSE 100 Latest
Value9,442.87
Change15.40