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IN BRIEF: Xtract Resources extends longstop date for Manica sale

Fri, 16th Feb 2024 14:33

Xtract Resources PLC - London-based diversified metals and minerals producer - Says the longstop date for the disposal of its stake in the Manica gold project has been extended by a week to February 23. This is to allow for "completion of certain administrative matters". Xtract in January announced an agreement to sell its 23% net profit share interest in the Mozambique asset to partner MMP for USD15 million.

Current stock price: 0.97 pence, down 3.5% on Friday

12-month change: down 48%

By Sophie Rose, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

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