European Cobalt Ltd (ASX: EUC) has made an announcement with respect to the proposed acquisition of Maroon Gold Pty Ltd, that it has elected not to proceed with the acquisition by mutual agreement between the Company and Maroon.
European Cobalt reported that there are no outstanding obligations between EUC and Maroon.
The company is continuing to explore its existing portfolio of assets whilst reviewing additional resource opportunities in several commodities and jurisdictions to create shareholder value
At AEDT (01:36 PM), the stock was trading lower at $0.018 from the previous close.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.
As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.
