There is progress at Energizer Resources’ Molo project after the company announced last week that a Dundee affiliate had become the largest shareholder at just under 20%, enabling Energizer to initiate a front end engineering design (FEED) study.
Goodman & Company, Investment Counsel, one of Energizer’s largest institutional shareholders on Thursday further increased their holdings in the company through investing C$6-million of the total C$6.72-million in proceeds Energizer raised in a non-brokered private placement financing.
