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  2. Share Prices
  3. Empire Metals Share Price
  4. Empire Metals Share News
  5. IN BRIEF: Empire Metals Sells Georgian Assets For Up To CAD7 Million

Pin to quick picksEmpire Metals Share News (EEE)

Empire Metals Information

Share Price Information for Empire Metals (EEE)

London Stock Exchange
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Share Price: 10.25
Bid: 10.00
Ask: 10.50
Change: -0.90 (-8.07%)
Spread: 0.50 (5.00%)
Open: 11.15
High: 11.15
Low: 10.25
Prev. Close: 11.15
EEE Live PriceLast checked at -

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IN BRIEF: Empire Metals Sells Georgian Assets For Up To CAD7 Million

Mon, 26th Oct 2020 17:45

Empire Metals Ltd - exploration and development firm - Sells Georgian assets to Toronto-listed Candelaria Mining Corp for up to CAD7 million, about GBP4.1 million. Will receive initial consideration of CAD2 million in Candelaria shares, with CAD5 million worth of payments subject to performance milestones. Says Mike Struthers will join Candelaria as chief executive officer but remain a non-executive at Empire. Empire's Non-Executive Chair Neil O'Brien will stay on, but joins Candelaria as a non-executive.

Current stock price: 3.66 pence

Year-to-date change: up sharply from 1.65p

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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