AuKing Mining Ltd (AU:AKN) has released an update.
AuKing Mining Ltd has secured a $750,000 short-term funding agreement with Evolution Capital to support immediate project activities for its copper and uranium ventures. The loan, bearing a 10% interest rate over a four-month term, will bolster working capital and fund initial stages of exploration. AuKing Mining, active in both Tanzania and Australia, is advancing several promising uranium and copper projects, with a recent focus on the Koongie Park Copper Zinc Project.
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