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clock Created with Sketch. 27/03/18
12:52
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Originally posted by stevenjd
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Commenting on the capital raising, Triton Managing Director Peter Canterbury said:provides working capital ahead of the anticipated ramp-up of development activities at Ancuabe and Nicanda Hill .multiple development streams at Ancuabe including offtake agreements, marketing, EPC contractor engagement, approvals and project finance. Through this capital raising, Triton will be in a better position to progress these objectives and negotiate final terms without working capital restraints. to provide existing shareholders the opportunity to participate in the capital raising particularly given the anticipated project milestones and a final investment decision for Ancuabe anticipated in Q2 2018.”
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SJD.
