MDCB increases investment proposal to A$4 million
Filed with ASX · · 4 pages · English
a. Botswana Government, via Minerals Development Company Botswana (Pty) Ltd (MDCB), increases its investment offer by 40% to ~A$4 million1 in Botala Energy’s Botswana registered subsidiary, Botala Gas (Pty) Ltd). b. The Offer of ~A$4 million1 is for a: • 15% stake in the CBM Project. • 1% royalty linked to future liquefied natural gas (LNG) production. c. The Offer is a: • 40% increase from previo
Earlier from Botala Energy
- RESULTS OF ANNUAL GENERAL MEETING 26 November 2025
- Annual general meeting presentation
- Placement to advance Serowe CBM Project
- Serowe-3.4A drilling completed – advancing pitse production
- Extension of 90-day period for botswana government to complete due diligence
Later from Botala Energy
- Botala Energy: Mineral development company of botswana increases investment proposal to a$4 million
- Quarterly Activities/Appendix 5B Cash Flow Report
- Trading Halt
- Halt in trading of Botala Energy limited (botala) securities on the botswana stock exchange
- $3 million placement to fully fund drilling and flow testing
Follow Botala Energy into a list and get an email when it puts out news.
Follow Botala Energy