Barrick JV: Loncor boosts its fundraising to increase gold reserves in DR Congo

The Canadian gold exploration company has a joint venture partnership with Barrick Gold and Resolute Mining.

15/02/2021 at 18h08, by Africa Business+

After an initial C$4 million closed on 3 February, Loncor increased its latest private placement financing to C$5.75 million on 12 February. The latest transaction results in a C$750 000 (€488 700) revaluation of its initial forecast.

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