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Pin to quick picksBushveld Minerals Share News (BMN)

Share Price Information for Bushveld Minerals (BMN)

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Share Price: 0.70
Bid: 0.65
Ask: 0.75
Change: 0.00 (0.00%)
Spread: 0.10 (15.385%)
Open: 0.70
High: 0.70
Low: 0.70
Prev. Close: 0.70
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Bushveld Minerals to complete takoever of Lemur Resources

Tue, 18th Aug 2015 11:43

(ShareCast News) - Mineral development group Bushveld Minerals is set to complete its takeover of Lemur Resources, after its off-market takeover offer closed on Monday.The South Africa-focused group, which has already secured a 94.84% stake in Lemur, aims to acquire the remaining offer shares via compulsory acquisition.Bushveld added it plans to review the operations of the coal exploration company, which include the Imaloto Coal Project in Madagascar as well as the early stage Sakaraha and Ianapera coal projects."The completion of this bid is an important milestone for Bushveld and Lemur shareholders," said Bushveld chief executive Fortune Mojapelo."We will now proceed with the compulsory acquisition of the remaining shares and look forward to the next chapter in the development of the Bushveld story as we forge ahead with the company's stated priorities, not least, our flagship Vanadium project in South Africa."Bushveld shares were flat at 3.78p at 1153 BST on Tuesday.
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15 Dec 2023 11:59

LONDON MARKET MIDDAY: FTSE 100 hurt by "mixed bag" of PMI data

(Alliance News) - The FTSE 100 in London was down at midday Friday, seeing Thursday's rally from hopes of interest rate cuts in the US coming to an end.

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15 Dec 2023 10:58

Bushveld Minerals inks deal with Southern Point Resources

(Alliance News) - Bushveld Minerals Ltd saw its shares rise on Friday, after entering into a definitive agreement with Southern Point Resources Ltd.

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14 Dec 2023 15:53

TRADING UPDATES: Eurasia Mining settles dispute with former advisor

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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13 Dec 2023 14:18

Bushveld gives notice to 40pc of head office staff

(Sharecast News) - Vanadium producer Bushveld Minerals said in an update on Wednesday that it was implementing strategic cost-cutting measures to ensure long-term competitiveness and financial stability, while also right-sizing its head office staff to align with a renewed focus on core operational assets.

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13 Dec 2023 14:12

Bushveld Minerals cuts costs by letting go of 40% of head office

(Alliance News) - Bushveld Minerals Ltd on Wednesday said it will be cutting costs, but the measures will impact about 40% of head office positions.

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12 Dec 2023 19:24

IN BRIEF: Bushveld Minerals completes fundraise with retail offer

Bushveld Minerals Ltd - South Africa-focused vanadium producer and energy storage solutions provider - Announces the completion of the PrimaryBid offer that was announced on December 5. Says retail investors subscribed for around 2.5 million shares at an issue price of 3 pence per share, raising around GBP73,533.

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5 Dec 2023 18:09

EARNINGS AND TRADING: Oxford Metrics revenue up; TPXimpact loss widens

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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29 Nov 2023 21:36

EARNINGS AND TRADING: Southern Energy loss swing; Craven House widens

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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27 Nov 2023 20:02

TRADING UPDATES: Live Co to cut jobs; SDX Energy in strategy shift

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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20 Nov 2023 18:23

TRADING UPDATES: Eqtec to restucture; Bushveld to sell Cellcub stake

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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16 Nov 2023 19:30

TRADING UPDATES: Instem acquisition by Ichor sanctioned by UK court

(Alliance News) - (Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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6 Nov 2023 14:26

TRADING UPDATES: Anglo-Eastern output down year-to-date, Bushveld's up

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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30 Oct 2023 14:34

IN BRIEF: Bushveld to become sole Vametco owner in acquisition deal

Bushveld Minerals Ltd - South Africa-focused vanadium producer and energy storage solutions provider - Enters conditional agreement to acquire the remaining 26% minority interest in Bushveld Vametco Holdings Proprietary Ltd, currently owned by a black economic empowerment consortium, in exchange for the issue of 232.8 million shares or 13% of its enlarged share capital. Transaction will grant Bushveld 100% ownership of the Vametco mine and vanadium plant, and complete control over its cash flows. Says 70% of consideration shares will be subject to a six-month lock-in period. Consideration also includes Bushveld paying ZAR18 million in cash to one of the BEE consortium vendors.

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30 Oct 2023 09:50

Bushveld acquires remaining 26pc interest in BVH

(Sharecast News) - Vanadium producer Bushveld Minerals announced its conditional acquisition of the remaining 26% minority interest in Bushveld Vametco Holdings (BVH) on Monday, gaining full ownership of the Vametco vanadium mine and production facility in South Africa.

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10 Oct 2023 14:26

IN BRIEF: Bushveld Minerals avoids uncalled for general meeting

Bushveld Minerals Ltd - South Africa-focused vanadium producer and energy storage solutions provider - Notes speculation around Kamran Sattar and Portillion Capital Ltd's intention to call a general meeting of shareholders in order to effect boardroom changes. Says it met with Sattar on Monday and reports that, having discussed his concerns, Sattar confirms he no longer intends to attempt to requisition a general meeting of shareholders.

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