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IN BRIEF: Amur Minerals shares jump on deal to sell Kun-Manie project

25th Jan 2022 16:19

Amur Minerals Corp - natural resources explorer with assets in far-east Russia - Confirms that it is in talks to sell its subsidiary Irosta Trading Ltd - which owns the Kun Manie nickel copper sulphide project in Russia - for up to GBP100 million.

Due to the transaction causing a fundamental change of business, it is conditional on shareholder approval.

Current stock price: 3.27 pence, up 58% on Tuesday.

12-month change: up 80%

By Dayo Laniyan; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.

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