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IN BRIEF: Keras Resources shares leap on full ownership of Falcon Isle

30th Mar 2022 13:37

Keras Resources PLC - mine developer focused on West Africa and the US - Acquires remaining 49% interest in Falcon Isle Resources LLC and Falcon Isle Holdings LLC from Helda Living Trust for USD3.2 million. Falcon Isle owns the high-grade Diamond Creek organic phosphate lease and mine and the Spanish Fork processing facility in Utah, US. Keras has now assumed full management of Falcon Isle and has recommenced production operations at the processing facility.

Keras says the 2021 attributable to the 49% interest in Falcon Isle were USD24,187.

Current stock price: 0.10 pence, up 150%

12-month change: down 17%

By Heather Rydings; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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Keras Res
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Value8,809.74
Change53.53