Empire Metals Ltd - London-based resource exploration and development company - Receives approval from the Australian Foreign Investment Review Board to go ahead with the acquisition of the Eclipse gold project in Western Australia, after raising GBP2 million to buy a 75% interest in the Eclipse gold mining licence in November. Says the final condition precedent is ministerial consent, which it expects to receive shortly.
Current stock price: 3.64 pence
Year-to-date change: up sharply from 1.65 pence at 2019 end
By Zoe Wickens; zoewickens@alliancenews.com
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Empire Metals (EEE)