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Xtract Resources PLC - London-based diversified metals and minerals producer - Says shareholders have approved the resolution, proposed at a general meeting earlier on Tuesday, to dispose of its entire interest in the Manica gold project in western Mozambique. Company expects disposal to occur shortly. Says that following completion of the sale, it will remain an operating minerals company under AIM rules. It plans to focus on its interests in the Bushranger copper/gold project in New South Wales, Australia, and in the Eureka and Kalengwa early-stage copper exploration projects in northeast Zambia.
Current stock price: 1.01 pence, up 6.8% on Tuesday afternoon
12-month change: down 45%
By Emma Curzon, Alliance News reporter
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