European Cobalt Announces Not to Proceed with Maroon Acquisition

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.

 

All pictures are copyright to their respective owner(s).Kalkinemedia.com does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.

 

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.

CLICK HERE FOR YOUR FREE REPORT!
   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK