ACTIVITIES UPDATE Toubani Resources, Inc (ASX: TRE; TSX-V: TRE) ("Toubani Resources" or the "Company") is pleased to provide an update on the Company's activities for the period ending 31 December 2022. Highlights: - Successful listing on the ASX, including a capital raising of A$6,000,000
- Appointed drilling contractor to undertake a targeted 10,750m exploration campaign at Kobada
- Appointment of Mr Phil Russo as Chief Executive Officer and Executive Director
- Strengthened its technical team with the appointments of Mr Bill Oliver and Mr Kerry Griffin to lead exploration and resource development activities
Chief Executive Officer, Phil Russo commented: "We have moved quickly since our ASX listing to strengthen our management team with two key technical appointments to drive our exploration and development activities, and support our in-country team. There is significant potential at Kobada and through a concerted effort on the ground to test several identified target areas previously underexplored, as well as a combined endeavour to aggressively grow the market profile of Toubani, success on multiple fronts is the objective." |
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