16th Feb 2015 08:41
LONDON (Alliance News) - Shares in Tri-Star Resources PLC pushed higher on Monday morning after the company said Oman-based Strategic & Precious Metals Processing LLC has signed a financing deal with local lender Bank Nizwa.
Tri-Star owns a 40% stake in Strategic & Precious Metals Processing.
The financing deal comprises a USD40 million Shariah-compliant facility which will back the Oman Antimony Roaster Project which Strategic & Precious Metals Processing is heading.
Tri-Star shares were up 52% to 0.0990 pence on Monday morning, the best performer in the AIM All-Share.
By Sam Unsted; [email protected]; @SamUAtAlliance
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Related Shares:
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