Kavango Resources PLC

Deal Alert: PKF supports Kavango Resources PLC in connection with prospectus

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We are delighted to have supported Kavango Resources PLC in connection with a prospectus to raise £4.6m. This fundraise comes as the second of two stages which has seen Kavango Resources Plc raise £6m since June 2023. The placing and subscription are to raise funds to meet exploration costs across the company’s portfolio of projects.

The Company has an issued share capital of £845,569.31 comprising 845,569,314 fully paid Ordinary Shares of nominal value £0.001 each. On Admission, the Company will have an issued share capital of £13,055,693.14 comprising 1,305,569,314 fully paid Ordinary Shares.

“Kavango would like to thank the Capital Markets team at PKF for their assistance provided in connection with the production of a Prospectus for our recent £6m raise on the LSE. PKF Littlejohn, and in particular Jack Devlin, proved responsive in meeting deadlines for this, leading to a successful conclusion to the transaction.”

Brett Grist, COO
Kavango Resources PLC

PKF acted as reporting accountant on the transaction and the Capital Markets team included Joseph Baulf and Jack Devlin.

Find out more about how our Capital Markets team can support you and your business here