IN BRIEF: Pathfinder Minerals disposal edges closer to completion

Wed, 14th Jun 2023 18:35

Pathfinder Minerals PLC - natural resources company with licences to mine heavy minerals sands in Mozambique - Updates regarding the sale of IM Minerals Ltd, a wholly owned subsidiary, to Acumen Advisory Group LLC. Says AAG has been advised by its UK legal counsel that it has received around GBP1.1 million into its client account. These funds, plus additional expected funds, will be used to pay Pathfinder and enable the sale to complete.

Current stock price: 0.45 pence

12-month change: down 29%

By Jeremy Cutler, Alliance News reporter

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