Client NewsFirering Strategic Minerals Plc: Acquisition of 51% of Alliance Share Capital
Firering Strategic Minerals, an exploration company focusing on critical minerals, is pleased to announce, as expected, it has executed the acquisition of 51% of Alliance Minerals Corporation SARL (“Alliance”) by payment of FCFA150,000,000 (EUR 230,000). As set out in the Company’s Admission Document, the acquisition will provide Firering with a controlling interest in the licence application adjacent to the Company’s flagship Atex Lithium-Tantalum Project in Côte d’Ivoire (“Atex”). The licence, held by Alliance, is partially contiguous to Atex and the Company has confirmed the presence of pegmatites that may be a potential extension of the Atex pegmatites or a secondary deposit.
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