Altus Strategies PLC (AIM:ALS, TSX-V:ALTS, OTCQX:ALTUF) (Altus Strategies PLC (AIM:ALS, TSX-V:ALTS, OTCQX:ALTUF), Altus Strategies PLC (AIM:ALS, TSX-V:ALTS, OTCQX:ALTUF), Altus Strategies PLC (AIM:ALS, TSX-V:ALTS, OTCQX:ALTUF)) Steven Poulton, Chief Executive, joins Proactive London's Katie Pilbeam to explain why they have entered into a sale and purchase agreement with AQSE Growth Market-listed Eastinco Mining and Exploration PLC for the sale of the 100%-owned subsidiary Aterian Resources Ltd.
Aterian is advancing a portfolio of 15 primarily copper and silver exploration projects in the Kingdom of Morocco. As a result of the transaction Altus will own up to 25% of Eastinco.
And Eastinco proposes to change its name to Aterian PLC on completion of the transaction.