Helio Resource Corp (HRC.V) and Solomon Resources (SRB.V) have announced they signed a letter of intent whereby Solomon Resources can earn a 60% stake in the Damara gold-tin project in […]
Tag: Tanzania
Tembo Gold plans to raise in excess of C$8M
After six months without a single press release, Tembo Gold (TEM.V) is waking up from a deep sleep and has announced a strategic deal whereby a consortium of new investors […]
Tembo Gold announces a $1M capital raise
Tembo Gold (TEM.V) has announced a private placement, raising C$1M at C$0.40/share with 3-year ½ warrant with a strike price of C$0.60. The entire placement will be taken up by […]
Tembo Gold announces equity financing
Tembo Gold (TEM.V) has announced an equity offering marketed by a consortium of brokers led by Canaccord Genuity. Tembo hopes to raise C$3.5M to continue their exploration drill program at […]
Tembo Gold reports monster hole at Tembo Project
Tembo Gold (TEM.V) has reported the results of a first deep diamond drill hole at their 100% owned Tembo Project in Tanzania. The company tabled an astonishing drill intercept of […]
African Eagle Resources announces maiden resource estimate at Zanzui Nickel
African Eagle Resources (LON:AFE) has announced a first resource estimate at their 85% owned Zanzui project in Tanzania. This resource estimate covers only 3km² of the total land package of […]
Tembo Gold closes equity financing
Tembo Gold (TEM.V) announced they closed the final tranche of their capital raise. The company raised C$4.02M by issuing 8.04M shares at C$0.50. As this financing happened at a premium […]
Global Metals Exploration NL
Global Metals Exploration is a Sydney-based mineral exploration company focused on its exploration projects in Australia. Earlier this year, the company announced an agreement to acquire all of the outstanding […]
Article sponsor
