DSE Listing Approval for Volt’s Tanzania Note Issue
Tanzanian-focused flake graphite development company Volt Resources Limited (ASX: VRC) (“Volt” or “theCompany”) is pleased to advise that it has received the final formal approval from the Dar es Salaam **promotion blocked** PLC to list its Tanzanian Note Issue on the Dar es Salaam Stock Exchange (“DSE”).
This approval completes a key phase of the funding process, and Volt’s management remains confident ofreceiving final approval from the Tanzanian Capital Markets and Securities Authority (“CMSA”) to proceedwith the Note Offer in the near-term.
As previously advised, funds raised will be deployed towards the Stage 1 development of the BunyuGraphite Project. A Definitive Feasibility Study (“DFS”) on the large-scale Stage 2 Expansion at Bunyu willalso be undertaken concurrently with the Stage 1 development. Volt has already received key developmentapprovals covering the respective Stage 1 and Stage 2 developments of the Bunyu Graphite Project (seeASX release dated 22nd October 2018).
Volt looks forward to providing further updates on the CMSA approval process in due course.
ME TOO!!!
Ann: DSE Listing Approval for Volt's Tanzania Note Issue, page-2
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