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United States

Central Asia Metals PLC (CAML.L)

CAML.L on London Stock Exchange

254.50GBp
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254.50
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241,952
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263.00
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178.75

Latest Key Developments (Source: Significant Developments)

Central Asia Metals raises 137.4 mln stg via placing​
Friday, 22 Sep 2017 10:14am EDT 

Sept 22 (Reuters) - CENTRAL ASIA METALS PLC ::‍CO PLACED SHARES AT PRICE OF 230 PENCE PER PLACING SHARE, RAISING TOTAL PROCEEDS OF APPROXIMATELY 137.4 MILLION STG VIA PLACING​.‍PLACING PRICE REPRESENTS A DISCOUNT OF 9.6 PER CENT. TO CLOSING PRICE ON 1 SEPTEMBER 2017​.  Full Article

Central Asia Metals says to buy Lynx Resources for $402.5 million​
Friday, 22 Sep 2017 02:00am EDT 

Sept 22 (Reuters) - Central Asia Metals Plc ::‍PROPOSED ACQUISITION OF LYNX RESOURCES LIMITED FOR $402.5 MILLION​.‍TRANSACTION IS EXPECTED TO BE BOTH EARNINGS AND CASH FLOW PER SHARE ACCRETIVE IN FIRST FULL YEAR​.CENTRAL ASIA METALS - TRANSACTION WILL BE A REVERSE TAKEOVER UNDER AIM RULES AND SO WILL BE SUBJECT TO SHAREHOLDER APPROVAL AT A GENERAL MEETING SCHEDULED FOR 11 OCTOBER 2017.  Full Article

UPDATE 1-Central Asia Metals to buy Lynx Resources for $402.5 mln

LONDON, Sept 22 Kazakhstan-focused copper miner Central Asia Metals said it would buy Bermuda-based Lynx Resources Ltd in a $402.5 million reverse-takeover deal from its owners.