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Firering Strategic Minerals Plc: Acquisition of 51% of Alliance Share Capital
Home / Client News / Firering 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.

 

 

https://www.londonstockexchange.com/news-article/FRG/acquisition-of-51-of-alliance-share-capital/15243064

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