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  2. Share Prices
  3. Bushveld Minerals Share Price
  4. Bushveld Minerals Share News
  5. IN BRIEF: Bushveld notes claims against VRFB over Enerox investment

Pin to quick picksBushveld Minerals Share News (BMN)

Bushveld Minerals Information

Share Price Information for Bushveld Minerals (BMN)

London Stock Exchange
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Share Price: 0.725
Bid: 0.70
Ask: 0.75
Change: 0.125 (20.83%)
Spread: 0.05 (7.143%)
Open: 0.60
High: 0.725
Low: 0.575
Prev. Close: 0.60
BMN Live PriceLast checked at -

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IN BRIEF: Bushveld notes claims against VRFB over Enerox investment

Wed, 14th Jul 2021 18:34

Bushveld Minerals Ltd - Johannesburg-based vanadium producer - Notes claim form issued in English High Court by Garnet Commerce Ltd against VRFB Holdings Ltd and Enerox Holdings Ltd.

The form seeks declarations against VRFB concerning an alleged breach of the joint venture agreement in relation in Enerox, particularly the indirect investment through Mustang Energy PLC.

VRFB will look to defend against the claims.

Bushveld has a 25% indirect interest in Enerox, through VRFB, which holds a 50% interest. Garnet also holds a stake in Enerox.

Enerox is a vanadium redox flow battery manufacturer.

Current stock price: 12.42 pence

Year-to-date change: down 36%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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10 Jan 2024 17:40

Bushveld Minerals shares fall as yet to receive SPR funds

(Alliance News) - Bushveld Minerals Ltd on Wednesday said it has issued a letter of demand following the late payment of funds under the Southern Point Resources under its subscription in the recent equity issue.

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3 Jan 2024 21:30

IN BRIEF: Bushveld Minerals yet to receive subscription payment

Bushveld Minerals Ltd - integrated primary vanadium producer - Says it has yet to receive payment from Southern Point Resources under its subscription in the recent equity issue. Notes that while it is "confident" that the USD12.5 million in funds will be received in the coming week, and has been assured as such by Southern Point, it is "obliged to inform the market of the current state of affairs". Adds that shares due to SPR have been issued as a share certificate and remain in the company's possession. The money due is classified as a short-term receivable on the balance sheet until it has been received.

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19 Dec 2023 13:35

Busheld Minerals granted SARB approval for 100% ownership of Vametco

(Alliance News) - Bushveld Minerals Ltd on Tuesday said it had received approval for the acquisition of minority interests in the Vametco vanadium mine and production facility.

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15 Dec 2023 11:59

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

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15 Dec 2023 10:58

Bushveld Minerals inks deal with Southern Point Resources

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14 Dec 2023 15:53

TRADING UPDATES: Eurasia Mining settles dispute with former advisor

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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

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20 Nov 2023 18:23

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

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16 Nov 2023 19:30

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

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