International Finance Corporation to invest in Kasbah Resources March 17, 2010

Kasbah Resources Limited (ASX: KAS) attracts the International Finance Corporation as a major strategic shareholder to advance the Achmmach Tin Project in Morocco.

Kasbah has signed a letter of intent with the IFC, a member of the World Bank Group, to become a major shareholder in the company.

The IFC fosters sustainable economic growth in developing countries by supporting private sector development, mobilizing private capital, and providing advisory and risk mitigation services to businesses and governments.

Click here to view the full announcement.