ZIMBABWE: Invictus Raising $5.5m to Support the Development of the Cabora Bassa Project

Invictus Energy has announced a Placement of $3.5m and Share Purchase Plan (SPP) of up to $2m to raise a total aggregate amount of up to $5.5m (Capital Raising). Invictus … Read More

ZIMBABWE: Cluff Energy Acquires 25% Interest in Cabora Bassa Project

Invictus Energy has announced that it has executed a farm-in option agreement with Cluff Energy Africa Limited (CEA) for a 2 well exploration drilling campaign in the Cabora Bassa Project. … Read More

Zimbabwe: Invictus provides update on the Cabora Bassa Project

Invictus Energy has provided an update on the activities of its 80% owned and operated Cabora Bassa Project in Zimbabwe. Further to the announcement on 22 December 2020, the non–binding farm–in agreement has been terminated. Invictus was unable … Read More

ZIMBABWE: Invictus Signs Petroleum Exploration Development & Production Agreement

Following approval from His Excellency President E.D. Mnangagwa, the PEPDA between Invictus’s 80% owned subsidiary, Geo Associates and the Republic of Zimbabwe has been executed. The agreement was signed on … Read More

ZIMBABWE: Invictus Completes $8M Placement towards SG 4571 Seismic Acquisition Campaign & Mzarabani-1 Exploration Well

Invictus Energy  has announced that it has received firm commitments from new and existing institutional and sophisticated investors to raise A$8.0m (before costs) by way of a share placement. According … Read More

Invictus to Commence Field Operations, Complete Further Placement to Strategic Investor

Invictus Energy has announced that it is set to commence a field reconnaissance program in the next fortnight and has completed a further placement for the equivalent of AUD$220k at … Read More

ZIMBABWE: Invictus Energy Receives EIA Approval for the Cabora Bassa Project

Invictus Energy Limited has announced that the Environmental Management Agency (EMA) issued EIA Certificate number 8000092361 and has granted Geo Associates (Private) Limited, the Company’s 80% owned subsidiary and holder … Read More

ZIMBABWE: Invictus Energy Receives License Renewal for the Cabora Bassa Project

Invictus Energy has received approval of its application to renew the investment licence from the Zimbabwe Investment and Development Authority (ZIDA). ZIDA is the investment promotion body set up to … Read More