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Pin to quick picksSavannah Resources Share News (SAV)

Share Price Information for Savannah Resources (SAV)

London Stock Exchange
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Share Price: 3.30
Bid: 3.20
Ask: 3.40
Change: -0.05 (-1.49%)
Spread: 0.20 (6.25%)
Open: 3.35
High: 3.35
Low: 3.30
Prev. Close: 3.35
SAV Live PriceLast checked at -

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IN BRIEF: Savannah Resources To Sell Its Copper Assets In Oman

Tue, 01st Sep 2020 21:48

Savannah Resources PLC - energy metals - Following strategic review, Savannah Resources agrees to divest its copper projects in Oman to ASX-listed mine development firm Force Commodities Ltd. Force Commodities will issue 50.0 million shares, make a preferential payment of AUD3.5 million on an existing loan, and a payment of a 1.0% net smelter royalty on future metal sales. Deal expected to be completed in October.

Current stock price: 2.03 pence

Year-to-date change: down 9.8%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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