AVZ Minerals Ltd's (ASX:AVZ) Nigel Ferguson speaks to Proactive soon after announcing they've raised A$40 million from sophisticated, professional and institutional investors in a placement to advance the tier-1 Manono Lithium and Tin Project in the Democratic Republic of Congo. He says the capital raising provides AVZ with the required funds to increase the company’s stake in the project and secures the necessary working capital to commence the early capital works program.
AVZ Minerals raises $40 million as it increases stake in Manono project
