Invictus Energy has completed the placement for an equivalent of AUD$440,000 (about $310,297) with the Mangwana Opportunities Fund, as announced on 30 April 2020, following approval received from the Reserve Bank of Zimbabwe Exchange Control Authority.

The Mangwana Opportunities Fund, managed by Zimbabwe-based Mangwana Capital, is funded by Zimbabwean institutional investors, including pension funds, and invests primarily in the fields of agriculture, mining and tourism with an investm...