19th May 2025 12:21
Ajax Resources PLC - natural resources investment - Takes out option to buy Minas La Escondida, a prospective gold and copper project in the Jujuy province of north west Argentina. The option from a local investor has a 45-day term and will cost Ajax USD80,000 in cash. La Escondida is contiguous with the Eureka project, which Ajax recently conditionally acquired, and it shares similar geology. Ajax is buying the Eureka project licenses from AIM-listed Bezant Resources PLC. As a result of the two acquisitions, Ajax will no longer be a cash shell and will move its listing to the Aquis Stock Exchange from the London Main Market, effective on June 9. Its shares are suspended from trading.
By Tom Waite, Alliance News editor
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