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Two Shields Gets 11% Stake In African Battery For Cobalt Stake Sale (ALLISS)

3rd Sep 2018 10:51

LONDON (Alliance News) - Two Shields Investments PLC said Monday that African Battery Metals PLC completed the acquisition of the company's 49% stake in Cobalt Blue Holdings Inc.

As a result of the transaction, Two Shields received 15.2 million shares in African Battery, representing a 11.12% interest and valued at GBP509,060 based of African Battery's closing share price last Tuesday.

Two Shields shares were flat at 0.24 pence each.


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