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How Toubani’s A$395M Funding Could Unlock West Africa’s Next Gold Producer

9:41am on Friday 10th of October, 2025 AEDT Mining
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How Toubani’s A$395M Funding Could Unlock West Africa’s Next Gold Producer

9:41am on Friday 10th of October, 2025 AEDT
Key Points
  • A$395 million funding package including US$160 million gold streaming deal
  • Equity raising of A$125 million at A$0.40 per share to institutional investors
  • Eagle Eye Asset Holdings to become ~35% shareholder post transactions
  • Kobada project features low capital intensity and competitive all-in sustaining costs
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