Arc Minerals Ltd's (LON:ARCM) executive chairman Nick von Schirnding tells Proactive Investors they've upped their ownership of Zamsort Limited, following the acquisition of a 6% interest from Terra Metals Limited.
Zamsort is developing the Kalaba copper-cobalt project in north-west Zambia.
The acquisition of the additional 6% stake in Zamsort is on the same commercial terms as Arc’s acquisition of a 35% stake in a deal announced on 15 May 2018.
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