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Kodal Minerals raise £3.5m in placing for key gold assets and flagship Bougouni lithium project

Kodal Minerals raise £3.5m in placing for key gold assets and flagship Bougouni lithium project

Kodal Minerals PLC's Bernard Alyward talks to Proactive London's Katie Pilbeam about their raise of £3.5 mln from an oversubscribed placing which will be used to develop gold assets and their flagship lithium Bougouni project, in Mali.

The proceeds will be put towards their Fatou gold project in Mali, the Nielle gold project as well as the Dabakala gold project in Cote d'Ivoire.

And finally the funds will also be allowed for the flagship Bougouni Lithium Project in Mali, following the expected grant of a mining licence by the Malian government.

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