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Arkle Resources|Botswana Minerals|Electrum Discovery|Strand Hanson|Botswana|Copper|Rory Harding
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arkle-resources|botswana-minerals|electrum-discovery|strand-hanson|botswana|copper|rory-harding

Botswana Minerals to raise £1.15m, makes board changes

20th March 2026

By: Tasneem Bulbulia

Deputy Editor Online

     

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Aim-listed Botswana Minerals has undertaken a company-arranged fundraising consisting of a placing and subscription with existing and new investors to raise £1.15-million through the issue of 460-million new ordinary shares, including a cash subscription by certain directors.

The funds will be used primarily to further the company’s exploration programme on its copper-focused prospecting licences in north-west Botswana, as well as for working capital purposes.

The exploration programme is designed to take the high-priority anomalies to drill targets.

Meanwhile, Rory Harding has been appointed to the board as a nonexecutive director with immediate effect.

He is also currently the CEO of Aim-listed Arkle Resources.

Harding is an emerging markets specialist with experience in energy, mining and investment banking and adviser to London merchant bank Strand Hanson.

He is the co-founder and asset originator for multiple publicly listed mining companies, most recently TSX-V-listed Electrum Discovery.

Harding formerly worked in energy trading and has extensive operational experience in Africa.

Harding is subscribing for 40-million shares in the placing. Following completion of the placing, his holding in the company will represent 2.41% of the enlarged issued share capital.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

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