23rd Dec 2021 18:04
Anglo Asian Mining PLC - gold, copper and silver producer focused in Azerbaijan - Enters subscription agreement to take 19.9% stake in Libero Copper & Gold Corp. Libero owns, or has the option to acquire, several copper exploration properties in North and South America. Anglo Asian will pay CAD6.3 million, or USD4.9 million, for the stake. Says 9.9% to be bought immediately upon closing of subscription agreement, and remaining 10% subject to regulatory approval of the TSX Venture Exchange, expected in first quarter of 2022.
Current stock price: 112.75 pence
Year-to-date change: down 14%
By Lucy Heming; [email protected]
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