Stock Market News
Strategic Minerals purchase of Leigh Creek settles
Diversified mineral development and production company Strategic Minerals announced on Tuesday that, further to its announcement on 27 February, the acquisition of the Leigh Creek Copper Mine was now settled.
The AIM-traded firm said payment of AUD 1.5m (£0.85m) had been made to the vendor, and the subsequent issue of SML shares valued at AUD 1.45m - based on the volume-weighted average share price throughout the month of March - were due to be issued in early April.
"These shares are subject to dealing restrictions, with one third being locked-up for three months after issue, and another third being locked-up for six months after issue," Strategic's board said in its short statement.
The AIM-traded firm said payment of AUD 1.5m (£0.85m) had been made to the vendor, and the subsequent issue of SML shares valued at AUD 1.45m - based on the volume-weighted average share price throughout the month of March - were due to be issued in early April.
"These shares are subject to dealing restrictions, with one third being locked-up for three months after issue, and another third being locked-up for six months after issue," Strategic's board said in its short statement.
Related share prices |
---|
Strategic Minerals (SML) share price |
Stock News headlines are gathered from financial news sources around the web. Views and opinions on each item are from their respective authors and website. They are not opinions of LiveCharts.co.uk
Get a free widget for your website with our latest headlines.
You can now add our live prices and new headlines to your website.The news widget features quotes for Oil prices, spot Gold price and Indices plus a choice of news channel for healines.
Top Shares pages
- Share price quotes
- Share charts
- Share watch list
- Company Results Calendar
- Top Large UK Shares
- UK Market Sectors
- Stock market news
- Company news
- Share tips
- A-Z company search
More share features
POPULAR Share Prices
- Royal Mail share price
- Lloyds share price
- HSBC share price
- Barclays share price
- Prudential share price
- Santander share price
- NEXT share price
- Diageo share price
- BP share price
- Vodafone share price
- British Airways
- Centrica share price
- Tesco share price
- Taylor Wimpey Share Price
- National Grid
- GKP Share Price
- Marks and Spencer
- Rolls Royce
- Rio Tinto
- THG Share Price
- Aviva Share Price
- Boil Share price
- Easyjet Share Price
- Genedrive Share Price
- SSE Share Price
- IAG Share Price
- Boohoo share price
- HE1 share price
- AVCT share price
- BOOM share price