DML seeks cash to take Boseto underground

Tuesday, September 02, 2014

Discovery Metals has announced plans to raise up to P213 million from shareholders to fund Boseto mine’s transition into an underground mine.

The Botswana Stock Exchange (BSE) listed company, yesterday unveiled its intention to undertake a two for one renounceable rights issue at A$0.02 per new DML share issued and one option for every new DML share issued under the rights issue.

This means every DML shareholder will be granted an uncompelled chance to buy one new share for every two already held.

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DML seeks cash to take Boseto underground

Discovery Metals has announced plans to raise up to P213 million from shareholders to fund Boseto mine’s transition into an underground mine.

Stanbic pretax profits up 11%

The audacity to be a unicorn

Faulty gadgets top complaints to BOCRA

Civil Society fights 'flawed' constitutional amendment

Civil Society calls for Constitution review governing Act

IEC rejects 2,513 registrations

Motshegwa prevails against detractors

Serowe woman ingests acid, attempts suicide

Inspect the voters' roll!