AFRICA STORIES

MOD nails $5.5m to progress T3

MOD Resources (AU:MOD) has raised A$5.46 million (US$4 million) to accelerate development at its T3 copper project in Botswana and increase the rate of exploration, with future efforts to target the T3 Dome.

The MOD holding in Botswana along the Mahumo structural corridor

The MOD holding in Botswana along the Mahumo structural corridor

More than 188 million ordinary shares will be issued at $0.029 each, including commitments from MOD directors for $300,000 worth of paper. The issue price is a 4.8% discount to the 15-day volume-weighted...

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