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AfriTin negotiates $48.3 million funding package

Namibia-focused AfriTin Mining has negotiated a proposed funding package of US$48.3 million with two financing institutions for a package that consists of debt, a convertible bond, equity, and royalty funding.

Nathan Richardson
Uis tin mine in Namibia - once the largest tin mine globally

Uis tin mine in Namibia - once the largest tin mine globally

Together with the company's cash resources of about $2.2 million, CEO Anthony Viljoen said AfriTin could "significantly accelerate" its operations in Namibia and fully fund its lithium and tantalum by-product...

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