PERTH – ASX-listed Canyon Resources has announced a subscription agreement with Singapore-based Eagle Eye Asset Holdings which could result in the investment of up to A$59.7-million.
Following the satisfaction of shareholder approval, the agreement would provide Canyon with an initial capital injection of A$24.7-million. Canyon said on Thursday that the exercise of the new options would be subject to the grant of a mining licence for the company’s Minim Martap bauxite project, in Cameroon, as well as a binding contract for port access and rail transportation on terms relevant to the project.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más: