Mozambique: Construction of Namaacha wind power plant delayed
Mozambique: Xtract Resources extends longstop date for Manica sale
1:42 CAT | 17 Feb 2024
in file CoM
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.
READ: Mozambique: Mutapa Mining to export 40 kg of gold per month
Current stock price: 0.97 pence, down 3.5% on Friday
12-month change: down 48%
Source: Alliance News
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