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Chesterfield Resources PLC - copper and gold explorer in Cyprus and in Labrador, Canada - Notes high levels of trading activity and price volatility in its shares in recent days, but says it is unaware of any reason for this heightened activity.
Says that it is currently ‘in discussions’ with an unnamed third party which may lead to a transaction being announced in the near future. ‘These discussions have not yet concluded and the company hopes to update the market on this matter in due course,’ the company adds.
Current stock price: 2.17 pence, down 5.5%
12-month change: down 68%
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