Capital Drilling Limited Signs Binding Agreements With Allied Gold Corp

  • Oct 09, 2019 BST
  • Team Kalkine
  • Capital Drilling Limited (CAPD) has signed binding agreements with Allied Gold Corp. for the provision of a full range of mining services to its Bonikro Gold Mine.
  • The company has bagged its first complete mining services contract win with Allied in Côte d'Ivoire and has made a strategic investment of US$3 million in Allied.
  • The strategic investment, on conversion will help in improving the company’s existing shareholding in Allied to approximately 3 per cent.
  • On 9th October 2019, at the time of writing, GMT 12:27 PM, CAPD shares were trading at GBX 67.00, up by 6.00 points or 9.84 per cent against the previous day closing price.

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?

Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.

We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.

To know more about these dividend stocks, click here

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