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Botswana|Exploration|PROJECT|Resources
Botswana|Exploration|PROJECT|Resources
botswana|exploration|project|resources

Tsodilo closes private placement

17th November 2023

By: Creamer Media Reporter

     

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Resources exploration company Tsodilo Resources has closed a non-brokered private placement for gross proceeds of C$141 380.06.

The funds were raised through the issue of 706 903 units – each comprising one common share in Tsodilo and one common share purchase warrant – at a subscription price of C$0.20 apiece.

The proceeds will be used to advance the Xaudum Iron Formation project, in Botswana, and for general corporate purposes and working capital.

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Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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