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Cora Gold Ltd - West Africa-focused gold developer - Latest fundraise generate gross proceeds of £1.05 million. Cash and cash equivalents stands in excess of $1.65 million.
Chief Executive Officer Bert Monro says: ‘I am pleased by the strong support shown by our existing significant shareholders in the fundraise, which reflects continued confidence in developing the company’s flagship Sanankoro Gold Project in south Mali. The fundraise is intended to support the company through the permitting process for Sanankoro, positioning us to move into the construction phase and deliver the project set out in the very positive definitive feasibility study published in [the third quarter] 2025.’
Current share price: 6.74 pence, closed up 3.6% in London on Tuesday
12-month change: nearly triple
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