Deals



International Mining & Infrastructure Corporation plc Acquires Afferro Mining Inc


Posted: 19th December 2013 10:27

International Mining & Infrastructure Corporation plc (AIM: IMIC), the company focused on unlocking the value of African iron ore through infrastructure development and investments in junior miners, is pleased to announce that the court order for the acquisition of Afferro Mining Inc, ("the Acquisition") has now been filed in British Columbia, Canada and the acquisition will become effective at 8.a.m (GMT) today.
 
As the acquisition constitutes a reverse takeover of IMIC under the AIM Rules for Companies, IMIC has applied to be readmitted to trading on AIM and has made an application for the New Ordinary Shares to be issued on closing to be admitted to trading on AIM.  Admission is anticipated to occur at 8:00am (GMT) this morning. 
 
Unless the context otherwise requires, capitalised terms in this document have the meanings given to
them in the Company's AIM Admission Document dated 28 November 2013.

Related articles



Comments


close

Subscribe to our newsletter

Sign up here and get the latest news and updates delivered directly to your inbox

You can unsubscribe at any time