Mbalam-Nabeba Iron Ore Project – Sundance Raises FCFA 19 Billion

[Cameroon Tribune]Sundance Resources Limited, an Australian firm that is partnering with Cam Iron to develop the multi-billion Mbalam‐Nabeba Iron Ore Project in Cameroon and Congo has fetched $40M (about FCFA 19,450,698,745.15) in the stock exchange market, through the issuance of convertible notes, to meet up with the pre-development capital expenditure of the project.

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