9th Apr 2021 15:56
Arc Minerals Ltd - exploration company focussed on Africa - Says the USD5 million consideration due to the company in the form of a loan note resulting from the sale of its interest in Casa Mining Ltd has been extended to July 16. This is after Golden Square Equity Partners Ltd - the buyer of 99% interest in Casa - informed Arc of an approach by a third party interested buyer. Any such transaction requires the consent of Arc Minerals, which says it is reviewing the proposed transaction.
Current stock price: 6.28 pence, up 2.9% on Friday
Year-to-date change: up 62%
By Evelina Grecenko; [email protected]
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