9th Feb 2015 09:05
LONDON (Alliance News) - Polo Resources Ltd Monday said its option to subscribe for a further 52.0 million shares in Weatherly International at 2.925 pence per share has lapsed without being exercised.
The natural resources exploration investment company has a 7% stake in AIM-listed copper miner Weatherly International.
Weatherly shares were down 4.3% at 1.41 pence on Monday, while Polo shares were up 4.2% at 6.50 pence.
By Samuel Agini; [email protected]; @samuelagini
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Related Shares:
POL.LWeatherly International Plc