Altus Strategies Plc issues 2,000,000 ordinary shares to AGMEX S.á.r.l

  • Jan 07, 2020 GMT
  • Team Kalkine
  Altus Strategies Plc (LON: ALS) has informed about an issue of equity for Lakanfla Gold Royalty.
  • The company has issued 2,000,000 ordinary shares to AGMEX S.á.r.l in accordance with the agreement between the two companies as announced by it on 01 February 2019.
  • The acquisition relates to a 2 per cent NSR (Net Smelter Return) on the company's Lakanfla gold project in western Mali
  • The company has further reported that drilling preparations is underway at Lakanfla under the JV with Glomin.
  • On 7th January 2020, at the time of writing, GMT 08:12 AM, ALS shares were trading at GBX 7.00, unchanged against the previous day closing price.

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