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IN BRIEF: Jangada Mines Raises GBP1 Million From ValOre Share Sale

10th Aug 2020 12:19

Jangada Mines PLC - London-based minerals explorer - Raises CAD1.8 million, about GBP1.0 million, from sale of shares in Toronto-listed ValOre Metals Corp. Sells 7.0 million shares at CAD0.25 each. Shareholding in ValOre reduced to 17%. Funds from sale to be used to further Pitombeiras vanadium project in Brazil.

Current stock price: 3.38 pence

Year-to-date change: up more than double from 1.65p

By Eric Cunha; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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Jangada Mines
FTSE 100 Latest
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Change53.53