The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSovereign Mines of Africa Share News (SMA)

  • There is currently no data for SMA

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Sovereign Mines extends talks deadline over Guinea project partnership

Wed, 14th Oct 2015 15:58

(ShareCast News) - AIM-listed Sovereign Mines excited investors by revealing it is continuing talks with an unnamed "major third party" about becoming a partner on its Mandiana gold project in northeast Guinea.In July, Sovereign entered into an "exclusivity agreement" to early October with the mysterious party but has now extended this to the end of the month, leading the market to assume a deal is near.This sent shares in the micro-cap company shooting up 162% to 0.84p.Sovereign said the extension had been granted "in order to attempt to finalise a formal agreement" relating to Mandiana but stipulated that was "no guarantee that such an agreement will be entered into".The company, which is chaired by former London Securities and Premier Asset Management chief David Pearl, will make a further announcement when the exclusivity period lapses or produces a formal agreement.
More News
7 Nov 2016 13:47

Sovereign Mines of Africa to become cash shell after Mandiana farm-out

(ShareCast News) - Sovereign Mines of Africa (SMA) has agreed to farm-out its 75% interest in the Mandiana Gold Project, in Republic of Guinea, to Volcanic Metals Corp. It said the farm-out would be effected by the sale of all the outstanding share capital of Sovereign Mines of Africa Ltd, a wholly-

Read more
26 Oct 2016 08:58

Sovereign Mines of Africa appoints Rupert Street CEO

(ShareCast News) - AIM-listed gold explorer Sovereign Mines of Africa appointed former British army officer Rupert Street as chief executive. Street, who has over 26 years of financial and industry experience, has worked in Hong Kong and China. He was previously CEO at Ptarmigan Eden Asset Manag

Read more
22 Jul 2016 09:34

Sovereign Mines Grants Warrants To New Non-Executive Director (ALLISS)

Read more
22 Jun 2016 15:14

Sovereign Mines Of Africa Finance Director Steinberg Resigns At AGM

Read more
15 Jun 2016 15:13

UK Shareholder Meetings Calendar - Next 7 Days

Read more
23 May 2016 13:54

Sovereign Mines of Africa fails to find strategic partner, posts loss

(ShareCast News) - Shares in Sovereign Mines of Africa plunged as it moved to fully impair the value of its exploration assets after failing to sign a strategic partner to fund the advance of the Mandiana Gold Project to a definitive feasibility study. The company booked a full-year pre-tax loss of

Read more
23 May 2016 09:18

Sovereign Mines Shares Fall As Talks For Strategic Partner Continue

Read more
21 Apr 2016 12:08

Sovereign Mines Of Africa Knows Of No Reason For Share Price Rise

Read more
23 Dec 2015 17:16

DIRECTOR DEALINGS SUMMARY: New Sovereign Mines Of Africa Pair Buy

Read more
23 Dec 2015 10:22

WINNERS & LOSERS SUMMARY: Interbulk Shares Double As Takeover Agreed

Read more
23 Dec 2015 08:22

Sovereign Mines Gets New Chairman, Raises GBP500,000 (ALLISS)

Read more
1 Dec 2015 12:25

LONDON MARKET MIDDAY: Banks Lead Gains Amid Flurry Of PMIs Readings

Read more
1 Dec 2015 10:28

WINNERS & LOSERS SUMMARY: Banks In Favour As They Pass Stress Tests

Read more
1 Dec 2015 09:24

Sovereign Mines plummets ahead of emergency cash call

(ShareCast News) - Sovereign Mines of Africa has warned it needs to make an emergency discounted fundraising after the failure of long-running talks with a major mining partner. The AIM-listed company said without raising capital, which it plans "shortly" or at least before the end of the year, it w

Read more
1 Dec 2015 08:36

LONDON MARKET OPEN: Banks Lead Gainers After Stress Tests Results

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.