Rambler invests in Marathon Gold
The placement of Marathon's common shares by way of a non-brokered private placement generated proceeds of $250,000 and cumulative proceeds of $500,000, with Rambler holding an option to invest an additional $1.5 million going forward. Post-subscription Rambler holds 1,973,918 shares of Marathon representing 3.1% of the issued and outstanding shares.
Dubai Diamond Exch appoints Namibia minister Isak Katali as Director
Recently the DDE also appointed the Hon. Prof. Francis Pedzana Gudyanga, Permanent Secretary of the Ministry of Mines and Mining Development of the Republic of Zimbabwe, Mr. Levy Rapoo, CEO of the South African Diamond and Precious Metals Regulator (SADPMR) and Dr. Robert Mhlanga, Chairman of Mbada Diamonds (Pvt) Limited.
UOB Bullion and Futures joins DGCX as clearing member
UOBBF is a fully-licensed futures broker, providing trading access for a comprehensive suite of products including foreign exchange, bullion, over-the-counter (OTC) derivatives, futures and options, commodities and securities, on major exchanges in the world.