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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Zest Grp | LSE:ZEST | London | Ordinary Share | GB00B067JC96 | ORD 0.01P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.405 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMREM
RNS Number : 4448C
Rare Earth Minerals PLC
15 October 2015
15 October 2015
Rare Earth Minerals Plc.
("Rare Earth Minerals", "REM" or "the Company")
REM increases interest in significant European Lithium Project.
London listed Rare Earth Minerals Plc (AIM: REM), is pleased to announce that it has increased its strategic stake in one of the most significant lithium deposits in Europe, the Cinovec deposit ("Cinovec") in the Czech Republic to 11.87% through a direct holding in the share capital of European Metals Holdings Limited (ASX code: EMH) ("European Metals") that owns 100 per cent of the exploration rights to the Cinovec lithium/tin deposit.
REM acquired the additional 2.07% holding in European Metals at a cost of GBP170,640 via a placement of 2 million new ordinary shares by European Metals. In addition each new ordinary share carries a one for one option exercisable at A$0.20 expiring 1 year from the date of issue.
For full details please refer to European Metal's releases to ASX. These can be found on its website: www.europeanmet.com.
For further information please contact:
Rare Earth Minerals plc +44 (0) 207 440 0647
David Lenigas
Kiran Morzaria
WH Ireland Limited (NOMAD & Broker) +44 (0) 207 220 1666
James Joyce
Mark Leonard
Square1 Consulting
David Bick, Mark Longson +44 (0) 207 929 5599
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
October 15, 2015 11:41 ET (15:41 GMT)
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