MoneyAM MoneyAM
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Research   Share Price   Awards   Indices   Market Scan   Company Zone   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Stock Screener   Forward Diary   Forex Prices   Director Deals   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Videos   Comparison Tables   Spread Betting   Broker Notes   Shares Magazine 
You are NOT currently logged in

 
Filter Criteria  
Epic: Keywords: 
From: Time:  (hh:mm) RNS:  MonAM: 
To: Time:  (hh:mm)
Please Note - Streaming News is only available to subscribers to the Active Level and above
 


IN BRIEF: Mining Minerals & Metals loss narrows, acquisitions progress

ALN

Mining Minerals & Metals PLC - London-headquartered acquisition vehicle seeking assets in natural resources sector - Reports £159,478 pretax loss for year ended January 31, compared with £172,760 the prior year. Generated no revenue, unchanged year on year. Administrative expenses increased 7.4% to £159,681 from £172,468. Company declared no annual dividend as it intends to retain all earnings for use in business operations. Intends to complete acquisition of entire issued share capital of Narnia Mauritius Gas Holdings Ltd in agreement with Africa Resources Holdings LLC, and is in process of acquiring an unnamed gas asset in Botswana. Says it will need additional funding in the near term to continue operating as a going concern, but remains confident that this will become available.

Shares are suspended from trading in London, pending the publication of a prospectus regarding the Narnia Mauritius acquisition.

Copyright 2023 Alliance News Ltd. All Rights Reserved.