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Tirupati raises £10M to fast-track Madagascar project

Tirupati Graphite has raised £10 million in an placing to help fast track development of the company’s Sahamamy graphite project in Madagascar.

Oonagh Reidy
Tirupati Graphite has raised £10 million to help fast track development of its Sahamamy graphite project in Madagascar

Tirupati Graphite has raised £10 million to help fast track development of its Sahamamy graphite project in Madagascar

The oversubscribed placing saw the company issue 11.1 million shares to institutional and other investors at 90p each, the company said on Friday.    Company directors Christian Dennis, Lincoln Moore...

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