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Articles by Coventry Resources
Coventry to buy Alaskan explorer
Subiaco-based Coventry Resources is set to undergo a rebranding after completing an $8.3 million acquisition of an Alaskan-focused gold explorer and raising $10 million. Coventry will issue about 459.9 million shares to acquire Perth-based Vista Minerals, which owns the Stellar copper-gold project in Alaska. In a statement today, Coventry said the Stellar project combined with its Caribou Dome project formed a contiguous package of tenements. To read more, please Login or Register below
Birimian stakeholders call for board spill
Shareholders owning a combined 6.5 per cent in Birimian have called for the replacement of two directors on the lithium explorer’s board, a week after the Perth-based company terminated a $107 million cash offer for its flagship project.
$107m Birimian deal falls over
Subiaco-based lithium explorer Birimian has terminated a $107.5 million cash offer for its Bougouni project in Mali after the Chinese bidder failed to make a deposit in time. Birimian told the market this morning that the offer, which was received from Chinese chemical company Shandong Mingrui Group earlier this month, was subject to a number of conditions including the provision of a $10.7 million deposit due last Friday. That deadline was not met, and Birimian subsequently ended the deal.
$107m Birimian falls over
Subiaco-based lithium explorer Birimian has terminated a $107.5 million cash offer for its Bougouni project in Mali after the Chinese bidder failed to make a deposit in time. Birimian told the market this morning that the offer, which was received from Chinese chemical company Shandong Mingrui Group earlier this month, was subject to a number of conditions including the provision of a $10.7 million deposit due last Friday. That deadline was not met, and Birimian subsequently ended the deal.
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