The proposed merger between mining company CopperCo Ltd and investment house Mineral Securities Ltd (MinSec) has moved closer with the release of an independent experts report and a shareholders general meeting scheduled for May.
Perth-based minerals investor Mineral Securities Ltd will join fuel additives manufacturer Firepower by setting up shop in the British Virign Islands in a proposed company restructure supported by possible merger partner Scarborough Minerals plc.
Perth-based minerals investor Mineral Securities Ltd has been provided with a secured term finance facility of $8 million from Macquarie Bank, to be used for investment opportunities and retiring short term facilities.
The Robert Champion de Crespigny-chaired Scarborough Minerals plc has joined the current wave of corporate activity in the resources sector, announcing an interest in merging with Perth-based minerals investor Mineral Securities Ltd.
Perth-based minerals investment company Mineral Securities Ltd has executed an alliance agreement with Herencia Resources Plc under which both companies will look to identify potential mineral resource opportunities in South America.