logo-loader
viewArc Minerals Limited

Arc Minerals agrees cash deal to sell Casa Mining for up to US$9.8mln

Arc Minerals' (LON:ARCM) Nick von Schirnding speaks to Proactive London's Andrew Scott after announcing they've agreed a deal to sell their entire 99.43% interest in Casa Mining to a Canadian private equity group.

The deal's worth up to US$9.8m - final due diligence is being completed and is expected to close no later than 10 January 2019.

Quick facts: Arc Minerals Limited

Price: 3.86501 GBX

AIM:ARCM
Market: AIM
Market Cap: £37.8 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Arc Minerals Limited named herein, including the promotion by the Company of Arc Minerals Limited in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Glencore mine shutdown could prompt a near-term price hike in Cobalt

Mining Capital's Alastair Ford says the closure of Glencore’s Mutanda mine in the DRC comes in response to the collapse in the cobalt price over the last year or so. ''The price went very high in 2017 and then came back down and now it's at the $15/lb level which is where it started its rise...

on 16/8/19

2 min read