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
70.5¢ |
Change
-0.010(1.40%) |
Mkt cap ! $456.0M | |||
| Open | High | Low | Value | Volume |
| 70.0¢ | 70.5¢ | 69.5¢ | $19.85K | 28.43K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 22495 | 70.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 71.0¢ | 14225 | 7 |
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| Last trade - 11.11am 01/08/2025 (20 minute delay) ? |
| SVM (ASX) Chart |