02
Jun
04:34
Alien Metals acquires Vivash Gorge iron ore project
UK-listed minerals exploration and development company Alien Metals says it has sealed a deal with Australia’s Zenith Minerals to acquire 100% of the Vivash Gorge iron ore project in the Pilbara region of Western Australia.
Alien Metals will in return issue Zenith Minerals with 100,000 new common shares at a deemed price equal to the volume-weighted average price (VWAP) of the company’s common shares in the ten trading days prior to the date of co…
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