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Minbos Resources Unveils 117.9M Free Options in $3.36M Placement to Fuel Cabinda Plant

4:58pm on Thursday 1st of January, 2026 AEDT Mining
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Minbos Resources Unveils 117.9M Free Options in $3.36M Placement to Fuel Cabinda Plant

4:58pm on Thursday 1st of January, 2026 AEDT
Key Points
  • Offer of 117.9 million free attaching New Options exercisable at $0.04 within three years
  • Placement raised approximately $3.36 million to support Cabinda fertilizer plant construction
  • Director participation subject to shareholder approval
  • Funding strategy includes loans from South African and Angolan banks
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