Kavango Resources buys 15% stake in Pambili Natural Resources

LONDON, UK: Kavango Resources plc (LSE:KAV), a metals exploration company focused on Southern Africa, has acquired a 15% stake in Pambili Natural Resources Corporation (TSX-V:PNN), a gold mining, exploration, and development company active in Matabeleland, southern Zimbabwe. Kavango converted a US$250,000 loan and a US$75,000 premium into common shares in Pambili, which recently completed the…