Shares slide after Mkango Resources completes £12.5m fundraise, but oversubscription signals longer-term confidence

Mkango Resources has completed a £12.5m fundraising effort, though its shares fell in the short term. The oversubscription of the offering, however, suggests sustained investor confidence in the company's long-term prospects.

• Mkango Resources completed a £12.5m fundraise
• Shares slid despite oversubscription indicating longer-term confidence