Sign up Australia
Proactive Investors - Run By Investors For Investors

Rift Valley Resources to complete acquisition, raise capital

Rift Valley Resources to complete acquisition, raise capital

Rift Valley Resources (ASX:RVY) has been granted an ASX trading halt in relation to a capital raising and completion of an acquisition.

The halt will last until the earlier of the announcement being made or the start of trade on Tuesday, 10th March 2015.

In February, the company signed a term sheet with the Mtemi Resources Group of Companies for the acquisition of additional tenements in Tanzania.

Rift Valley has two gold projects in Tanzania and five priority targets in Angola.



Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

View full RVY profile View Profile

Rift Valley Resources Ltd Timeline

Related Articles

Picture of pilot plant
April 05 2018
An impressive pre-feasibility study features a pre-tax valuation of $227 million for start-up capital expenditure of $65 million.
Cadoux kaolin ore is suitable for producing high purity alumina
October 29 2018
The ore reserve underpins a production rate of 8,000 tonnes per annum of high purity alumina for 52 years.
1532518239_Vanadium-electrolyte-batteries.jpg
Mon
The vanadium price is riding high and so is Bushveld Minerals

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use