leadf
logo-loader
viewJubilee Metals Group PLC
(
AIM:JLPFRA:JI5JSE:JBLOTC:JUBPF
)

Jubilee Metals reveal details of three acquisitions in copper and cobalt tailings projects in Zambia

Leon Coetzer, chief executive of Jubilee Metals Group PLC (AIM:JLP, FRA:JI5, JSE:JBL, OTC:JUBPF) (LON:JLP) joins Proactive London to explain the rationale behind three acquisitions that will see the metals processing company increase its interests in its copper and cobalt tailings projects in Zambia.

The acquisitions are worth US$24.77mln (£17.83mln) in total and to satisfy the consideration, the AIM-listed company is raising £30mln through a placing of new shares at 16.03p each.

The acquisitions comprise Project Elephant (Kitwe Tailings Project), Project Roan (Ndola Tailings Project) and the Mufulira Project.

Quick facts: Jubilee Metals Group PLC

Follow
AIM:JLP

Price: 16.3 GBX

Market Cap: £396.03 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of named herein, including the promotion by the Company of in any Content on the Site, the Company receives from said issuer annual cash...

FOR OUR FULL DISCLAIMER CLICK HERE

Jubilee present 'stellar performance' for six months to June, with...

Jubilee Metals Group PLC (AIM:JLP, FRA:JI5, JSE:JBL, OTC:JUBPF) (AIM:JLP, FRA:JI5, JSE:JBL, OTC:JUBPF) chief executive Leon Coetzer joins Proactive London to discuss their 'stellar performance' in the six months ending June 30 2021. Coetzer takes viewers through all of their core business...

on 08/06/2021

2 min read