12:14 PM EST - Katanga Mining Ltd. : said it urgently needs additional funding to continue to operate, and is exploring various options, including an equity raise and a convertible debt financing with a number of shareholders. Katanga said it intends to seek shareholder approval to increase its authorized share capital to 5 billion common shares with a par value of $0.10 from 300 million common shares. Katanga Mining Ltd.
shares T.KAT are trading down 3.9 percent at $0.37.
