31st Mar 2015 16:27
LONDON (Alliance News) - Hunter Resources PLC Tuesday said it has noted the movement in the company's share price but said its position has not changed since March 19, when it said it expected to complete the acquisition of a 51% stake in the Pampamali gold, silver and base metals project in Peru.
On March 19, Hunter said it expected to complete the revised agreement with the owner of the Pampamali project, under which Hunter will get a 51% interest in the project, and said the deal will be at a lower cost than originally anticipated.
Hunter Resource shares closed up 75.5% to 0.702 pence per share on Tuesday.
Hunter said its position "remains unchanged" since March 19.
By Joshua Warner; [email protected]; @JoshAlliance
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