Technical due diligence on Kibaran’s Epanko project complete

June 7, 2016

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After securing $2-million through a share placement earlier this year, in conjunction with additional funding mechanisims, junior graphite developer Kibaran Resources announced on Tuesday that technical due diligence on its Tanzania-based Epanko graphite project is now complete, making Kibaran the first ASX-listed company to undergo banker’s due diligence for a graphite project in Africa. Independent engineering firm SRK was appointed by KfW IPEX-Bank to conduct technical due diligence as part of the bank’s senior debt financing due diligence on Epanko.

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