July 17 (Reuters) - Sovereign Metals Ltd (SVM) :
- RIO TINTO TO INVEST A$40.4 MILLION AND BECOME A 15% STRATEGIC INVESTOR IN SOVEREIGN
- INVESTMENT PROCEEDS WILL BE USED TO ADVANCE KASIYA RUTILE-GRAPHITE PROJECT IN MALAWI
- RIO ALSO ISSUED WITH 34.5 MILLION OPTIONS TO INCREASE SHAREHOLDING BY ADDITIONAL 4.99% TO POTENTIALLY 19.99% OF CO WITHIN 12 MONTHS
- SOVEREIGN AND RIO TINTO HAVE ALSO ENTERED INTO AN INVESTMENT AGREEMENT
- UNDER INVESTMENT AGREEMENT, CO AND RIO TINTO WILL WORK TOGETHER TO QUALIFY KASIYA'S GRAPHITE PRODUCT
News: SVM Sovereign Metals Says Rio Tinto To Become A 15% Strategic Investor In Co
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Last
69.0¢ |
Change
0.005(0.73%) |
Mkt cap ! $446.3M | |||
| Open | High | Low | Value | Volume |
| 68.5¢ | 69.5¢ | 66.5¢ | $647.8K | 957.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2240 | 67.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 69.5¢ | 11654 | 1 |
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| Last trade - 16.10pm 05/09/2025 (20 minute delay) ? |
| SVM (ASX) Chart |