Kodal concludes placing, enters negotiations for Mali mine offtake, investment

As West Africa-focused mineral exploration and development company Kodal Minerals completes a £500 000 share placing, negotiations have been entered into for a proposed offtake agreement and possible further investment in its Bougouni lithium project, in southern Mali. The company on Friday said Suay Chin International had subscribed for 166.7-million new ordinary shares at an issue price of £0.003 a share.