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IN BRIEF: Trident Resources Pays USD5 Million For Copper Royalty Deal

29th Jun 2020 16:55

Trident Resources PLC - London-based mining royalty firm - Acquires gross revenue royalty from Mimbula copper mine, Zambia for USD5.0 million. Trident entitled to royalty payments from July 1. Says gross revenue royalty rate will be just under 1.3%, but then down to 0.3% once USD5.0 million acquisition amount recouped.

Current stock price: 21.00 pence

Year-to-date change: up 17%

By Eric Cunha; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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TRR.L
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