Pathfinder Minerals PLC Update: Sale of IM Minerals Ltd to Acumen Advisory Group – £1.1 Million Received

2023-06-14 17:36:05

Pathfinder Minerals PLC – natural resources company holding heavy mineral sands licenses in Mozambique – Update on the sale of IM Minerals Ltd, a wholly owned subsidiary, to Acumen Advisory Group LLC. AAG has been told by its UK legal adviser that it has received approximately £1.1 million into its client account. These funds, plus expected additional funds, will be used to pay Pathfinder and enable the sale to be completed.

Current share price: 0.45 pence

12-month change: down 29

By Jeremy Cutler, reporter at Alliance News

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