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Rambler Metals and Mining closes sale agreement with Maritime

StockMarketWire.com

Mining group Rambler Metals and Mining said it had closed a previously announced sale of non-core assets to Maritime Resources.

The assets include the company's existing gold circuit at the Nugget Pond metallurgical facility and a number of Canadian exploration properties and royalties.

Maritime had paid $2.0 million in cash and C$0.5 million in common shares based on the 30-day volume weighted average price on closing, representing 3,571,428 shares issued at a price of C$0.14.

At 9:33am: (LON:RMM) Rambler Metals and Mining PLC share price was 0p at 0.24p


Story provided by StockMarketWire.com