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Cora Gold Raises GBP1 Million for Sanankoro Gold Project in Mali

MT Newswires·12/17/2025 03:55:16
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03:55 AM EST, 12/17/2025 (MT Newswires) -- Cora Gold (CORA.L) conditionally raised 1 million pounds sterling in gross proceeds through a subscription of 17,466,661 new shares at 0.06 pound apiece. The gold company said Wednesday that the fundraising is conditional on the admission of the new shares on the London bourse's Alternative Investment Market. Cora Gold intends to use the net proceeds to further advance its Sanankoro gold project in Mali and for general working capital purposes.