Top 5 Most Read RNS's on Vox Markets for Wednesday 31st May 2023

Episode 1463,   May 31, 2023, 07:26 AM

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Top 5 Most Read RNS's on Vox Markets for Wednesday 31st May 2023

1. Kodal Minerals #KOD - Bougouni Assay Results & Funding Package Update #KOD

Kodal, Hainan and Hainan's wholly owned UK-incorporated subsidiary Xinmao have agreed to an extension of the deadline for the completion of the funding package to 30 June 2023.

The extension is required for conditions precedent to be satisfied, including the transfer of the Bougouni Project to a new Mali mining company owned by Kodal's recently incorporated UK subsidiary KMUK.

2. Critical Metals #CRTM - Molulu Project Update & £600,000 Premium Placing

- Two new anomalies identified by the geophysics analysis on Molulu project

- Drilling to begin in mid-June

- Raised £600,000 at 25p per share, a 4.2% premium to the share price closing price yesterday

3. Wishbone Gold #WSBN - Government Co-Funded Drill program for Cottesloe

Wishbone Gold would like to inform the market that the Company's application for a co-founded drill program has been accepted by the Government of Western Australia.

Wishbone has been granted a contribution of A$220,000 for its highly prospective Cottesloe project.

4. Challenger Energy #CEG - URUGUAY AREA-OFF 1 UPDATE

Volumetric assessment of AREA OFF-1's three primary prospects (Teru Teru, Anapero, Lenteja) has been completed

Assessed estimated recoverable resource (EUR) of approximately 2.0 billion barrels (Pmean, unrisked), and over 4.9 billion barrels in an upside case (P10, unrisked)

5. Kefi Gold and Copper #KEFI - Result of Capital Raise

In total the Capital Raise is expected to raise gross proceeds of £6.44 million.