Namibia
Arcadia Minerals (ASX:AM7) secures funding boost for construction at Swanson, Namibia. The company has successfully secured funding of at least US$7 million (A$11 million) for its Swanson project in Namibia. This funding will provide a significant boost to the construction activities at the project site.
The Swanson project in Namibia holds great potential for Arcadia Minerals. With this funding, the company can now accelerate the construction process and further develop the project. Namibia is known for its rich mineral resources, and Arcadia Minerals aims to tap into this potential to drive growth and create value for its stakeholders.
The funding secured by Arcadia Minerals demonstrates the confidence and support the company has garnered for its Namibia project. It signifies the recognition of the project's potential and the belief in the company's ability to successfully execute its plans. With this funding boost, Arcadia Minerals is well-positioned to make significant progress in its operations in Namibia.