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Atlas Metals (AMG) Share News

IN BRIEF: Atlas Metals pursues other options after mine deal collapse

17th Jan 2025 20:55

Atlas Metals Group PLC - natural resources and energy investor formerly known as MetalNRG - Says it is considering and in discussions for a number of potential acquisition targets, which are primarily producing assets focused on copper and gold in Africa. This follows the termination of the group's agreement to buy Compagnie Miniere de Oumerjrane from Moroccan mining group Managem SA in December, as Atlas Metals was unable to raise the GBP15 million needed to complete the deal. It says Managem have now completed the sale of CMO to an unnamed third party. Read More

SMALL-CAP WINNERS & LOSERS: Atlas Metals sees mine deal collapse

24th Dec 2024 11:09

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday. Read More

Atlas Metals shares tumble as Moroccan mine deal collapses

24th Dec 2024 09:49

(Alliance News) - Atlas Metals Group PLC on Monday said its agreement to acquire Compagnie Miniere de Oumejrane from Managem SA, a mining company in Morocco, has been terminated after Atlas failed to raise the required funds within the agreed timeframe. Read More

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