SMH reported Kasbah Resources (ASX:KAS) has received timely funds from a group of investors dominated by development agencies.
SMH reported Kasbah Resources (ASX:KAS) has received timely funds from a group of investors dominated by development agencies.
As quoted in the market news:
In what Kasbah boss Wayne Bramwell described as a vote of confidence, the “African Lion 3” fund exercised a cluster of 25¢ options, despite the stock trading for just 21¢ in recent days.
The transaction delivered just under $2 million to Kasbah, which is developing a tin project in Morocco.
