London-listed Kendrick Assets has raised about £1.76-million by the problem of 25.2-million new peculiar shares to advance growth of its Bonya uncommon earths challenge.
The corporate notes {that a} drilling programme is at present below manner on the challenge with the purpose of delivering a maiden joint ore reserves committee-compliant useful resource by the top of the third quarter of this 12 months.
The Bonya challenge contains two separate carbonatite sheeted complexes, the Teufelskuppe and the Keishohe uncommon earth carbonatites.
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