Kenmare Resources Attempts to Line Up Equity Financing

Posted on 04/28/2016


Kenmare Resources plc, a miner of titanium minerals and zircon, is seeking to secure capital. Kenmare operates the Moma Titanium Minerals Mine in northern Mozambique. Kenmare reached a conditional subscription agreement with British Virgin Islands-based King Ally Holdings Limited, a chemical trading company with ties to China. The agreement entails that King Ally could invest […]