KIMA
Measuring Systems and Process Optimisation for the Mining Industry
Metminco has signed an option agreement with an investment company to purchase a controlling stake in junior investment company Hampton Mining, which has interests in the Peruvian drilling programme at Los Calatos. Under the agreement, Metminco will purchase the investment company's 31.
Metminco has signed an option agreement with an investment company to purchase a controlling stake in junior investment company Hampton Mining, which has interests in the Peruvian drilling programme at Los Calatos.
Under the agreement, Metminco will purchase the investment company’s 31.9% controlling stake in Hampton for $1m.
The company garnered A$2.5m by issuing 16.7 million shares at a 15 cents issue price to professional investors.
The funds will be used to meet JIC option fees working capital and cash reserves.
Measuring Systems and Process Optimisation for the Mining Industry
Automated Sample Preparation for Mining Analytical Laboratories
Digitisation Technologies for the Mining Industry