In the FTSE 100, silver miner Fresnillo (LSE: FRES) said its 56% owned joint venture (JV) with Newmont Mining Corporation, Minera Penmont S. De R.L. de C.V. has submitted a revised proposal to acquire Canplats Resources Corporation for C$4.80 per share, consisting of C$4.60 per share in cash and a share in a new exploration company with a nominal value of C$0.20 for each share in Canplats.
In AIM, Cashbox (AIM: CBOX) announced the refinancing of its £5.7 million facility with Bank of Scotland. The facility was restructured, reducing and deferring regular capital repayments in exchange for a more significant bullet repayment at the end of the term of the facility, which is expected to save the company £1.2 million per year in the initial years.
JSM Indochina (AIM: JSM) said that it has not taken any decisions on the accelerated return of uninvested cash to shareholders or the future strategy of the company, while assessing all available options.