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IN BRIEF: Europa Metals sells part of stake in Denarius Metals

23rd Apr 2025 08:27

Europa Metals Ltd - Europe-focused lead-zinc and silver developer - Sells 1.5 million shares in Denarius Metals Corp at average price of CAD0.56, worth CAD826,945 about GBP450,000. Says it will use the proceeds for creditor payments, working capital, and towards assessing new opportunities. Following the partial disposal, Europa Metals retains 5.5 million Denarius shares. "Over the coming weeks, management are considering the options for the company to deliver the best possible outcome for all shareholders," Europa says.

Current stock price in London: 1.23 pence, up 36% on Wednesday morning

12-month change: down 12%

Current stock price in Johannesburg: 31 rand cents

12-month change: down 23%

By Artwell Dlamini, Alliance News reporter

Comments and questions to [email protected]

Copyright 2025 Alliance News Ltd. All Rights Reserved.

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