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Pin to quick picksMineral & Fin Share News (MAFL)

Share Price Information for Mineral & Fin (MAFL)

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Share Price: 12.00
Bid: 11.50
Ask: 12.50
Change: 0.00 (0.00%)
Spread: 1.00 (8.696%)
Open: 12.00
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Low: 12.00
Prev. Close: 12.00
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IN BRIEF: Mineral & Financial Renegotiates Contract With Ascendant

Thu, 02nd Jul 2020 12:56

Mineral & Financial Investments Ltd - Cayman Islands-based investment company specialising in junior mining companies - Has agreed to change the terms of its Redcorp earn-in contract with Ascendant Resources partly due to global lockdown. The changes include the renegotiation of a USD500,000 payment which will be paid over six months at USD100,000 per month, totaling USD600,000. M&F has received the equivalent of 32% of the expected payment this month. In the event of Ascendant raising financing, or a change of control, the amount owed will be paid on closing.

Current stock price: 8.00 pence

Year-to-date change: down 20%

By Greg Roxburgh; gregroxburgh@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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3 Dec 2018 16:01

DIRECTOR DEALINGS: Mineral & Financial Chairman Buys 450,000 Shares

LONDON (Alliance News) - Mineral & Financial Investments Ltd said Monday that Chairman Jacques Vaillancourt bought 450,000 shares in the company on Friday.Vaillancourt acquired the at

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8 Oct 2018 10:33

Mineral & Financial Acquires Remaining 51% TH Crestgate Stake

LONDON (Alliance News) - Mineral & Financial Investments Ltd said Monday it has acquired the 51% remaining stake in mining investor TH Crestgate GmbH for GBP99,000.Shares in Mineral up

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2 Aug 2018 14:06

Mineral & Financial Investee Sells 25% Stake In Portuguese Project

LONDON (Alliance News) - Mineral & Financial Investment Ltd said Thursday that its investee company TH Crestgate GmbH sold 25% of a zinc-copper project in Portugal.The company sold in a

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31 Jul 2018 14:25

Mineral & Financial Investments Reports 20% Net Asset Value Growth

LONDON (Alliance News) - Mineral & Financial Investments Ltd said Tuesday that in the period to June 30 it increased its net asset value per share by 20%.For the 18 months to June 30, 2

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14 Dec 2016 12:17

Mineral & Financial eyes copper porphyry as Portuguese drilling begins

(ShareCast News) - Mineral & Financial Investments reported that its 49%-owned TH Crestgate has unearthed "unexpectedly high" copper content as it begins drilling at the Lagoa Salgada zinc-copper project in Portugal. TH Crestgate, which owns 85% of Lagoa Salgada, intends to drill four holes to furth

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14 Dec 2016 12:01

Mineral & Financial Hopes For Copper As Drilling Starts In Portugal

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7 Dec 2016 13:57

Mineral & Financial pleased with TH Crestgate investment

(ShareCast News) - Mineral & Financial Investment updated the market on Wednesday on TH Crestgate, a private Swiss investment company in which MAFL holds a 49% stake. The board of the AIM-traded firm said it was advised that the work program has been completed on the Central Sector of the Lagoa Salg

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7 Dec 2016 10:31

WINNERS & LOSERS SUMMARY: WPP Hit By Report Of US Justice Probe Of Ads

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27 Oct 2016 11:42

Mineral & Financial investment posts promising test results

(ShareCast News) - Mineral & Financial Investment was celebrating success at one of its investments on Thursday, as TH Crestgate updated the market on its activities. The AIM-traded firm holds a 49% stake in TH Crestgate. It said TH Crestgate had now completed its petrographic study on four holes a

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27 Sep 2016 10:27

Mineral & Financial Swings To Profit In First Half As Net Assets Rise

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4 Aug 2016 11:41

Mineral & Financial Investment completes £0.5m placing

(ShareCast News) - Mineral & Financial Investment announced on Thursday that it has successfully completed, subject to admission, a placing to raise approximately £0.475m from the issue of 10 million new ordinary shares of 1.0p each, at a price of 4.75p per share. The AIM-traded firm said this finan

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30 Sep 2015 15:18

Mineral & Financial Net Asset Value Drops On "Weak" Glencore

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27 Aug 2015 13:59

Mineral & Financial Buys 49% Stake In Projects In Spain And Portugal

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8 Jul 2015 14:16

Mineral & Financial Issues Shares Following Loan Note Conversion (ALLISS)

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5 Jun 2015 08:52

Mineral & Financial Turns A Profit After Taking Cautious Approach

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