ASX-listed Volt Resources has actually carried out a binding term sheet with set apart profile firm Unbounded Opportunities Fund (UOF) to supply financing and advancement assistance for the Bunyu graphite mine and handling plant, in Tanzania. Under the regards to the contract, UOF will certainly make a conditional $11.1-million equity financial investment via Volt’s subsidiary Volt Graphite Tanzania (VGT), getting a 62% risk in the job, while Volt Resources will certainly preserve a 38% rate of interest.
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