Volt Resources Ltd's (ASX:VRC) (FRA:R8L) Trevor Matthews speaks to Proactive's Andrew Scott soon after announcing they've signed binding share purchase agreements to acquire a 70% interest in the Ukraine-based Zavalievsky group of companies (ZG) for a total of US$7.6 million, payable in two instalments of US$3.8 million. Completion of the acquisition will position Volt well ahead of most of its peer graphite companies by transforming it into a graphite producer without the usual greenfield financing and development risk.
Volt Resources to be positioned 'years ahead of its graphite peers' with Ukraine acquisition
