AVZ Minerals Ltd's (ASX:AVZ) Nigel Ferguson speaks to Proactive's Andrew Scott after announcing they've executed a share purchase agreement (SPP) to secure an additional 10% of Dathcom Mining SA from its JV partner, Dathomir Mining Resources SARLU, the 100% holder of the Manono Lithium and Tin Project in the DRC. Under the SPP and once the respective shareholdings have been paid, this arrangement will result in AVZ holding 75% of the project. The two key benefits will be adding to AVZ's net present value for the project and enhancing ongoing discussions with prospective financiers.
AVZ Minerals strengthens financing discussions after boosting equity stake in Manono project
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Price: 0.086 AUD
Market Cap: $244.97 m
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