Intra Energy announced that the Mining Licence has been issued to Tancoal Energy over the initial mining area of the Mbalawala Mine at the Ngaka Coalfields in southwest Tanzania
Atomic Resources announced it has entered into an agreement, subject to shareholder approval, to issue 22,727,273 new, fully paid ordinary shares in the capital of Atomic at an issue price of $0.22 per share, to raise A$5 million. The funds raised through the placement will be used to fund a near-surface drilling and exploration programme at the Mbuyura/Mkapa and Mbalawala coal fields in the Ngaka Coal Basin.
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