Mining
RECENTLY COMPLETED DEALS
Thor Mining acquires American Vanadium
On 10 September 2020, ASX and AIM-listed Thor Mining
PLC completed its acquisition of 100% of the shares in
American Vanadium Pty Ltd.
The purchase included Colorado-based Standard Minerals
INC and Utah-based Cisco Minerals INC,
which are wholly-owned subsidiaries of American Vanadium.
Access the full announcement
here.
RECENT ANNOUNCEMENTS
Mali Lithium seeks to raise A$70m via placement and
share purchase plan to acquire an 80% interest in Morila Gold
Mine
In our
September edition of the E&R Market Update, we reported
that ASX-listed Mali Lithium Limited (to be
renamed Firefinch Limited) announced that it had entered into an
agreement to acquire an 80% interest in the Morila Gold
Mine in the Republic of Mali from Barrick Gold
Corporation and AngloGold Ashanti.
The transaction is scheduled to close on 31 October 2020.
