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Gindalbie Metals Limited's joint venture partner increases ownership in Karara Mining Limited


Wednesday, 19 Mar 2014 02:28am EDT 

Gindalbie Metals Limited:Joint venture partner, Ansteel, has exercised its right to convert two shareholder loans of A$60 mln in total to new shares in Karara Mining Limited (KML).This will result in Ansteel increasing its ownership of KML from 50 pct to 52.16 pct, with Gindalbie owning 47.84 pct. 

Company Quote

0.059
-0.0010 -1.67%
22 Jul 2014