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Toubani Resources Ltd (ASX:TRE) has banked $10 million dollars to facilitate development of its Kobada gold project in Mali – particularly through the definitive feasibility study process – with a successful placement which underlined support from specialist resources fund managers. The placement was undertaken in two tranches, and Toubani has confirmed commitment to raise $10 million from this, with new shares offered at 17 cents each, representing a 5.6% discount to the last closing price, as well as a 10.1% discount to the 10-day VWAP. Among this, one fund from Australian fund manager Parad…

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