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More Angola backing for Pensana

Potential mine developer Pensana Rare Earths is in discussions about accessing a further US$10 million in funding after securing A$7.25 million from Angolan Sovereign Wealth Fund FSDEA.

Michael Quinn
More Angola backing for Pensana

The $7.25 million is being raised by issuing shares at 27.3c, and follows FSDEA investing $2.1 million in March. The US$10 million reportedly in the pipeline from FSDEA hinges on the two parties agreeing...

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