Volt seeks to raise $30m for Bunyu Stage 1 development

ASX-listed Volt Resources has appointed Exotix Capital to undertake a bond issue to raise up to $30-million in structured debt to fund the Stage 1 development of Volt’s Bunyu graphite project, in Tanzania. Exotix will act as structuring, financial and placement adviser and will leverage its significant East African networks to complete the proposed issue, with a focus on the Tanzanian, Kenyan and Ugandan capital markets.