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IN BRIEF: Harena Resources touts new 100% ownership of Ampasindava

ALN

Harena Resources PLC - rare earths exploration and development company focused on the Ampasindava ionic clay rare earth project in Madagascar - Completes its acquisition of the remaining 25% stake in the Ampasindava project, meaning the project is now wholly-owned by Harena. This has triggered the issue of 66.7 million shares to the vendor shareholders of Harena Resources Pty Ltd, the intermediate holding company for Ampasindava. ‘We are pleased to now control 100% of this strategically important, world class, heavy rare earth project and we look forward to moving forward towards production,’ says Non-Executive Chair Ivan Murphy.

Current stock price: 1.60 pence, closed down 3.0% in London on Thursday

12-month change: down 47%

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