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Pin to quick picksStrategic Minerals Share News (SML)

Share Price Information for Strategic Minerals (SML)

London Stock Exchange
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Share Price: 0.325
Bid: 0.30
Ask: 0.35
Change: 0.00 (0.00%)
Spread: 0.05 (16.667%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 0.325
SML Live PriceLast checked at -

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Strategic Minerals issues remaining shares for Leigh Creek acquisition

Mon, 04th Mar 2019 09:24

(Sharecast News) - Battery minerals-focussed Strategic Minerals announced on Monday that it has arranged the issuance of the remaining 2,866,730 shares due to Resilience Mining Australia, for the acquisition of the Leigh Creek Copper Mine.The AIM-traded firm said that under the share purchase agreement, which was signed on 5 March last year, it provided RMA shares in Strategic Minerals to the value of AUD 1.45m, based on the March 2018 volume-weighted average price and the relevant exchange rate as quoted by the Reserve Bank of Australia.As per the share purchase agreement, and to provide warranties associated with the acquisition, shares representing AUD 0.1m of the total amount were not to be issued until the first anniversary of the signing of the contract, provided no warranty claim was made during the one year period.The boards of SML and RMA agreed that the total number of SML shares to be issued was 41,567,630, of which 38,700,900 were issued in March last year, and the remaining 2,866,730 would be issued on 5 March this year, subject to no warranty claim having been made."Application has been made for admission of these 2,866,730 new ordinary shares to trading on AIM, and it is expected that admission will take place and that trading will commence on AIM at 0800 GMT on 6 March," the Strategic Minerals board said in its statement.
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6 Feb 2017 16:21

Strategic Minerals ups stake in Cornwall Resources Ltd

(ShareCast News) - Diversified mineral production and development company Strategic Minerals has exercised its remaining option to purchase further shares in Cornwall Resources Ltd. "The funding of the option payment now sets the framework in place for progressing the 2017 Redmoor tin/tungsten drill

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6 Feb 2017 09:17

Strategic Minerals Ups Stake In Redmoor Venture To 50%

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12 Jan 2017 09:31

Strategic Minerals Venture Appoints Exploration Manager

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21 Nov 2016 17:13

DIRECTOR DEALINGS SUMMARY: Strategic Minerals MD Bolsters Stake

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21 Nov 2016 12:54

DIRECTOR DEALINGS: Strategic Minerals MD Buys 1.3 Million Shares

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15 Nov 2016 14:43

Strategic Minerals' Redmoor Venture Changes Name, Tenders Issued

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14 Nov 2016 14:11

Strategic Minerals agrees to provide funding to Central Australia Rare Earths

(ShareCast News) - Multi-minerals production, exploration and development company Strategic Minerals announced on Monday that it has agreed, in conjunction with its joint venture partner Rarus, to provide funding to Central Australia Rare Earths. The AIM-traded firm said the AUD 0.15m funding is for

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4 Nov 2016 08:48

Strategic Minerals joint venture appoints community advisor

(ShareCast News) - Minerals production and development company Strategic Minerals announced on Friday that NAE Resources - its joint venture with New Age Exploration, and owner of the Redmoor Tin and Tungsten project, has entered a consulting arrangement with Jeffrey Harrison as its community adviso

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10 Oct 2016 14:56

Strategic Minerals's shares soar but nothing to report

(ShareCast News) - AIM-listed diversified mineral production company Strategic Minerals said there is nothing further to add to its September interim results despite its shares soaring at the start of the week. On 29 September, the company reported that for the six months ended 30 June its pre-tax l

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21 Jul 2016 15:24

Strategic Minerals accepts settlement offer over Cobre rail works

(ShareCast News) - Diversified mineral development and production company Strategic Minerals announced on Thursday that it has accepted a settlement offer in relation to its claim over rail works for the Cobre Mine in the US. The AIM-traded firm said the settlement totalled $0.675m, to be paid in in

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21 Jul 2016 09:21

Strategic Minerals Accepts USD675,000 Settlement Over Railroad Dispute

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15 Jul 2016 15:45

Bushveld Minerals Postpones Completion Of Strategic Minerals Purchase

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21 Jun 2016 07:58

Strategic Minerals Raises Funds To Go Towards Redmoor Option (ALLISS)

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16 Jun 2016 16:21

Strategic Minerals finds nickel, platinum traces at Hanns Camp

(ShareCast News) - Strategic Minerals, the multi-minerals production, exploration and development company, said it had completed the maiden drill at its Hanns Camp project in Australia with encouraging prospects for nickel and possibly platinum. The company added that it had also received the first

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