Perth-based coal miner GVM Metals Ltd has raised around $98.2 million through the placement of 65 million shares via its listing on the London Stock Exchange's Alternative Investment Market, the company has announced.
Perth-based coal miner GVM Metals Ltd will acquire a 60 per cent stake in the South African coal joint venture Tshikunda Mining Pty Ltd for around $3.5 million, the company has announced.
Perth-based coal miner GVM Metals Ltd has won shareholder approval to complete the 100 per cent acquisition of its Baobab joint venture and Holfontein project, the company announced today.
West Perth's GVM Metals Ltd will raise $6.2 million through a placement of 8.3 million shares to London investors, raising funds for its acquisition of 50 per cent of the Baobab coal mining joint venture.
Two months after buying out its joint venture partner Baobab Mining, West Perth Coal Mining company GVM Metals has announced plans to acquire UK-based Kelso Mining Ltd for around $25.3 million in cash and shares.
West Perth-based coal mining company GVM Metals Ltd will fully acquire its South African joint venture, Baobab Mining and Exploration Pty Ltd, for around $6.2 million after agreeing to buy its JV partner earlier this year.
West Perth-based coal mining company GVM Metals Ltd will acquire additional shareholdings in a group of South African coalfields from its joint venture partner in a deal that could be worth $11 million.
GVM Metals Ltd 28-Oct-05 Australian Heritage Group Pty Ltd became a substantial shareholder with a relevant interest of 20,000,000 ordinary shares (7.27%).
08 Nov 2005
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