Blencowe Resources CEO Mike Ralston elaborates on a "game-changing" grant - US$5 million from the US Development Finance Corporation - providing funding solutions to advance Blencowe's Orom-Cross graphite project in Uganda, with the company now considering a larger-scale operation and aiming for a decision to mine before the end of 2024.
ABOUT THIS COMPANY
Blencowe Resources
HEAD OFFICE: 167-169 Great Portland Street, Fifth Floor London, W1W 5PF
TEL: +44 (0) 1624 681 250
EMAIL: info@blencoweresourcesplc.com
WEB: https://blencoweresourcesplc.com/
DIRECTORS: Cameron Pearce, Alex Passmore, Sam Quinn
QUOTED SHARES ON ISSUE: 218 million
MARKET CAP (at May 20,2024): £12.5 million
MAJOR SHAREHOLDERS: RAB Capital 10%, Board and management 9%, Jangada Mines 9.5%, Jub Capital 8.2%
