Baobab Resources (LON:BAO), the iron, base and precious metals explorer with a portfolio of mineral projects in Mozambique, is pleased to announce a placing of 50,000,000 ordinary shares ('Ordinary Shares') in the Company (the 'Placing Shares') at a price of 8p, raising GBP4,000,000 before expenses (the 'Placing').
Baobab Resources plc (LON:BAO), the iron ore, base and precious metals explorer with a portfolio of exploration projects in Mozambique, advises that, through mutual agreement, the Joint Venture with Ferrex plc ('Ferrex') relating to the Changara project will be terminated with immediate effect with Baobab retaining 100% of the project.
Baobab Resources plc (LON:BAO) the mineral exploration and development company with a portfolio of assets in Mozambique, is pleased to provide an update on drilling at the Tete pig iron, vanadium and titanium project.
Baobab Resources Plc (LON:BAO) is an iron ore, base and precious metals explorer with a portfolio of exploration projects in Mozambique. On 15 November 2010 the Company announced the signing of a Joint Venture with North River Resources plc ('North River') in relation to North River's Monte Muande magnetite/phosphate, base and precious metal project (the 'Project') in the Tete province of Mozambique. The Company is pleased to present an update on work completed.
Baobab Resources Plc (LON:BAO) the iron ore, base and precious metals explorer with a portfolio of exploration projects in Mozambique, is pleased to announce the results of an exploration target estimation underlying the Ruoni Flats area of the Tenge/Ruoni prospect
Baobab Resources plc LON:BAO), the iron ore, base and precious metals explorer with a portfolio of mineral projects in Mozambique is pleased to announce that it has raised GBP2.76 million (before expenses) through a placing by Shore Capital Stockbrokers Limited.
Baobab Resources Plc (LON:BAO) the iron ore, base and precious metals explorer with a portfolio of exploration projects in Mozambique, is pleased to present the results of the resource estimation at the Tenge prospect, one of five resource areas in the Tete iron / vanadium / titanium Project.
