IN BRIEF: Caerus Mineral shares fall on payment default dispute
Caerus Mineral Resources PLC - copper miner in Cyprus - Updates on developments in its Cypriot portfolio, specifically New Cyprus Copper PA Ltd. NCC owns a 90% interest in Treasure Development Ltd in Cyprus, with BMG Resources Ltd holding the remaining 10%. According to BMG, NCC has defaulted on a AUD2 million payment. The two parties dispute a matter relating to an amendment to the original share purchase agreement between BMG, NCC and TDL, which had been agreed back in 2016. Read More