Arkle Resources Plc’s JV partner receives further funding from Glencore

Arkle Resources Plc (LON: ARK) has informed about further investment by Glencore Canada Corporation.

  • The company’s Joint Venture Partner Group, at the Stonepark Zinc Project, Eleven Resources Corp. has received additional funding from Glencore.
  • This investment follows a previous investment by Glencore in Group Eleven in October 2019, of which a portion was covenanted to be spent on the project.
  • The company continues to hold 23.44 per cent stake in the Stonepark Zinc Project.