9th Oct 2019 10:38
(Alliance News) - Stranger Holdings PLC on Wednesday said it has agreed to acquire two unnamed companies with "technology mineral" assets including cobalt, nickel, and associated metals.
The investment company said one of the acquired firms is a UK company with assets located in south-eastern Cameroon, and the other one is a US company with assets in Idaho.
Stranger Holdings will provider further details upon the signing of formal sale and purchase agreements. The acquisitions are subject to the completion of due diligence, documentation, and compliance with all regulatory requirements.
The company did not provide any financial details for the deals.
Stranger Holdings has requested shares be temporarily suspended from trading in London, pending the publication of a prospectus in relation to the acquisitions.
By Evelina Grecenko; [email protected]
Copyright 2019 Alliance News Limited. All Rights Reserved.
Related Shares:
STHP.L