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Share Price: 7.30

Bid: 7.20

Ask: 7.40

Change: -0.10 (-1.35%)

Spread: 0.20 (2.778%)

Open: 7.40

High: 7.40

Low: 7.30

Prev. Close: 7.40

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IN BRIEF: Empire Metals sells Georgian Copper & Gold 50% stake

Thu, 10th Jun 2021 14:33

Empire Metals Ltd - London-based resource exploration and development company - Completes sale of its 50% interest in Georgian Copper & Gold for USD3.3 million in cash.

Managing Director Shaun Bunn comments: "Having now completed the sale of our 50% interest in GCG our cash at bank now sits at a healthy GBP3.1 million, putting us in a strong financial position to continue to create shareholder value principally from the Eclipse and Central Menzies Gold Projects in Western Australia."

Empire Metals' primary focus is on the Eclipse and Central Menzies gold projects in Western Australia but it also holds a portfolio of three precious metals projects in Austria.

Current stock price: 2.99 pence, down 2.0% Thursday afternoon

Year-to-date change: down 21%

By Will Paige; willpaige@alliancenews.com

More News

27 Feb 2023 19:09

Shanta Gold reports total resources of 3.67 million ounces

(Alliance News) - Shanta Gold Ltd on Monday reported total group-wide resources of 3.67 million ounces grading 3.28 gold per tonne at the end of 2022.

27 Feb 2023 19:07

Empire Metals hails kaolin mineralisation at Eclipse-Gindalbie project

(Alliance News) - Empire Metals Ltd on Monday reported extensive kaolin mineralisation has been identified at the Eclipse-Gindalbie project in Western Australia.

15 Feb 2023 12:01

IN BRIEF: Empire Metals has enough cash for drilling at copper project

Empire Metals Ltd - London-based minerals explorer and developer - Says that current cash position is around GBP1.3 million and that cash reserves are sufficient for the initial soil sampling and planned maiden drill programme at the Pitfield copper project in Western Australia.

6 Feb 2023 18:09

Empire Metals hails "leap forward" amid Pitfield project survey

(Alliance News) - Empire Metals Ltd on Monday said the results of surveys carried out at the Pitfield copper project in Western Australia were encouraging.

30 Jan 2023 14:23

TRADING UPDATES: Empire Metals confirms copper; Mosman hails progress

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

12 Jan 2023 21:56

TRADING UPDATES: Alliance Pharma hires COO; Empire advances field work

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

13 Dec 2022 21:59

TRADING UPDATES: Zanaga to close acquisition; Regional secures lease

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

23 Nov 2022 17:10

Empire Metals begins Pitfield exploration field work ahead of schedule

(Alliance News) - Empire Metals Ltd on Wednesday said it has commenced exploration field work at Pitfield, Australia, ahead of schedule.

3 Nov 2022 18:18

TRADING UPDATES: Gulf Marine wins deal; Kitwave trades in-line

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

3 Nov 2022 12:18

Empire Metals surges on latest data from Pitfield

(Sharecast News) - Resource explorer and developer Empire Metals released an analysis of the historical geochemical sampling compiled to-date on the Pitfield Copper Project in Western Australia on Thursday.

3 Nov 2022 10:46

AIM WINNERS & LOSERS: Longboat drilling falls short; Empire Metals up

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

3 Nov 2022 09:18

LONDON MARKET OPEN: BT results disappoint; pound falls on Fed outlook

(Alliance News) - Stock prices in London opened lower on Thursday, as the pound fell against a strengthening dollar, after the Federal Reserve indicated that US interest rates are likely to reach higher levels than previously thought.

25 Oct 2022 14:48

Empire Metals shares surge on Pitfield review

(Sharecast News) - Empire Metals announced the results of an expert review on the Pitfield Copper Project in Western Australia on Tuesday.

25 Oct 2022 10:44

AIM WINNERS & LOSERS: Scancell signs deal; Empire Metals seeks copper

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

25 Oct 2022 10:41

Empire Metals shares soar as review reveals Pitfield potential

(Alliance News) - Empire Metals Ltd shares surged on Tuesday, as the firm shared a very promising update on its Pitfield copper-gold project in Western Australia.

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IN BRIEF: Empire Metals sells Georgian Copper & Gold 50% stake

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