LONDON, UNITED KINGDOM -- (Marketwired - Jun 10, 2014) - Anglo Pacific Group PLC (the "Company") (LSE: APF) (TSX: APY) is pleased to announce, further to the announcement on June 2, 2014, that it has completed the purchase of Cancap Investments Limited's ("Cancap") royalty interest in the Maracás Vanadium Project ("Maracás Project").
The Company has paid to Cancap total upfront consideration of US$22 million in cash and has today issued 500,000 warrants to Cancap. Each warrant will entitle the holder to acquire one ordinary share of 2 pence in the Company at a strike price of £2.50 and will be exercisable for five years from the date of issue. The warrants will not be admitted to trading on any exchange.
About Anglo Pacific
Anglo Pacific is a global mining royalty company. The Company's strategy is to create the premier base metals and bulk materials listed royalty company, focusing on accelerating income growth through acquiring royalties on projects that are currently cash flow generating or are expected to be within the next 24 months. It is a continuing policy of the Company to pay a substantial portion of these royalties to shareholders as dividends.
For further information:
Anglo Pacific Group PLC Julian Treger - Chief Executive Officer Mark Potter - Chief Investment Officer Peter Mason - Company Secretary +44 (0) 20 3435 7400 Website http://www.anglopacificgroup.com/
Barclays Bank PLC Matthew Bungey / Christopher Kololian +44 (0)20 7623 2323
BMO Capital Markets Limited Jeffrey Couch / Neil Haycock / Tom Rider +44 (0) 20 7664 8020
Bell Pottinger Nick Lambert / Lorna Cobbett +44 (0) 20 7861 3232
Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!
LONDON, UNITED KINGDOM -- (Marketwired - Jun 10, 2014) - Anglo Pacific Group PLC (the "Company") (LSE: APF) (TSX: APY) is pleased to announce, further to the announcement on June 2, 2014, that it has completed the purchase of Cancap Investments Limited's ("Cancap") royalty interest in the Maracás Vanadium Project ("Maracás Project").
