Lion Energy is pleased to advise it has executed an agreement to sell the Company’s holding in South Block A to Blue Sky Resources for a nominal amount of $10. Lion retains a right to a production royalty with a maximum value of US$4,500,000.
Europa Metals, the European lead-zinc explorer, is pleased to announce that it has conditionally raised, in aggregate, approximately £563,516 (before expenses), through a placement of 727,118,650 new ordinary shares of no par value each in the capital of the Company at an issue price of 0.0775 pence per share. The Placing was arranged by the Company’s joint broker, Turner Pope Investments (TPI), as agent of the Company, with certain new and existing investors and utilises the Company’s existing share capital authorities.
