#BRES Blencowe Resources PLC – Further US$0.5M Grant Funding Received From DFC
Blencowe Resources Plc (LSE: BRES) is pleased to announce receipt of the latest disbursement of $0.5 million from the US International Development Finance Corporation (“DFC”), taking total funds received under the overall US$5.0 million technical assistance grant to $4.0 million. This grant funding is non-dilutive and comes with no requirement to repay under any circumstances. […]
Blencowe Resources #BRES – Fundraise of £1m to Support Completion of DFS & Retail Offer to raise up to £100,000
Blencowe Resources Plc (LSE: BRES), is pleased to announce that it has successfully raised gross proceeds of £1m through the issue of 33,333,334 new ordinary shares at a placing price of 3 pence per share (the “Placing”). The Placing was undertaken by Tavira Financial Limited, the Company’s broker. Use of Proceeds The net proceeds of […]
#BRES Blencowe Resources – Drilling Update
Infill Drilling Phase Successfully Completed Drilling progresses on 6,750m program to expand Orom-Cross Resources and Reserves Blencowe Resources (LSE: BRES) is pleased to provide an update on its 6,750m drilling program at its Orom-Cross graphite project in Uganda. The campaign, which commenced in January is focussed on: Stage 1 – Gathering geotechnical information to support […]
#BRES Blencowe Resources PLC – ESIA Approval
Blencowe Resources (LSE: BRES) is pleased to announce that the National Environmental Management Authority (NEMA) of Uganda has approved its revised Environmental, Social, Impact Assessment (“ESIA”) for the Orom-Cross graphite project. Following the Company’s enlarged development strategy in 2024, the size and scale of the project has been expanded significantly, with substantial changes enhancing both […]
#BRES Blencowe Resources PLC – Offtake for Purified Graphite
Blencowe Resources Plc (LSE: BRES) is pleased to announce it has signed a non-binding Memorandum of Understanding (“MOU”) with Apollo Energy Systems Inc. (“Apollo”) regarding offtake of purified graphite sourced from its Orom-Cross Graphite Project in Uganda. Apollo is based in Florida, United States, and specialises in advanced lead acid battery storage systems to complement the […]
#BRES Blencowe Resources Plc – AFC Expression of Interest
African Finance Corporation Issues Expression of Interest for Orom-Cross Project Funding Tier One African Investment Bank Signals Willingness to Participate in Both Debt and Project Equity Blencowe Resources Plc (LSE: BRES) is pleased to announce it has received a formal Expression of Interest (“EOI”) from the African Finance Corporation (“AFC” or “the AFC”), a leading […]
#BRES Blencowe Resources PLC – Hydropower Study Confirms Sustainable, Low-Cost Power Supply for Orom-Cross
Blencowe Resources Plc (LSE: BRES) is pleased to announce the completion of an initial hydropower study for its Orom-Cross Graphite Project in Uganda. The study confirms the availability of abundant, low-cost, and renewable hydropower from the Ugandan national grid, providing a strategic advantage for the Project’s future mining and processing operations. This marks a major […]
#BRES Blencowe Resources PLC – Annual Financial Report
Blencowe Resources Plc, the natural resources company focused on the development of the Orom-Cross Graphite Project in Uganda, is pleased to announce its audited financial results for the year ended 30 September 2024 (the “Annual Report”) and it’s notice of Annual General Meeting (“Notice of AGM”). The Annual Report which includes an unqualified audit report […]
Blencowe Resources #BRES – Orom-Cross Graphite Excels in SAFELOOP Product Testing
Blencowe Resources (LSE: BRES) is pleased to announce significant progress within Project SAFELOOP, a European Union-led initiative under the €100 billion Horizon Europe Programme focussed on the European Union’s renewable energy transition. SAFELOOP aims to deliver a Gen3 Lithium-ion battery for standardised EV buses, prioritising safety, recycling, and high performance. Blencowe is the exclusive supplier […]
#BRES Blencowe Resources PLC – MoU signed for Graphite Beneficiation in Uganda
Blencowe Resources (LSE: BRES.L) has signed a Memorandum of Understanding (“MOU”) with Singaporean graphite sales and marketing specialist Triessence Limited (“Triessence”) and a leading Asian SPG and Anode material producer (“SPG Partner”). This partnership aims to establish Joint Venture (JV) for a graphite beneficiation facility in Uganda producing 99.95% purified graphite for lithium-ion batteries. This […]