Minbos Resources raises funds to accelerate works in Cabinda phosphate project

ANGOLA – Australia Stock Exchange (ASX)-listed Minbos Resources is looking to raise US$5.7 million in a share placement to sophisticated investors to fully fund the definitive feasibility study and accelerate work at its Cabinda phosphate project, in Angola. The company has received firm commitments for the placement of 91.25 million shares, priced at  7 cent each, with subscribers being offered…

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