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Cora Gold raises £3.45mln through AIM listing to advance flagship Mali project

Cora Gold Limited (LON:CORA) has debuted on AIM at a price of 16.5p per share, following a £3.45mln fundraising.

Chief executive Jon Forster tells Proactive the majority of the net proceeds of the fundraising will be used for a planned exploration programme that will principally focus on the Sanankoro gold discovery in southern Mali.

The ultimate aim will be to establish a resource estimate, although some exploration on other properties will also take place.

 

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