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IN BRIEF: Horvik up stake in Trans-Siberian Gold to 51%

26th May 2021 21:28

Trans-Siberian Gold PLC - operates Asacha gold mine in Kamchatka, far east Russia - Horvik Ltd buys further 27% stake in Trans-Siberian Gold, now holding a 51% stake.

In March, Trans-Siberian Gold had agreed to a takeover offer from Horvik which valued Trans-Siberian at GBP108.4 million.

Current stock price: 116.00 pence

Year-to-date change: down 9.7%

By Greg Roxburgh; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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TSG.L
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