sable mining africa ltd (SBLM:London)
Transactions by SABLE MINING AFRICA LTD (SBLM) in the last 6 months
Sable Mining Africa Limited (DB:B3D) sold 60% in SALMEC Resource Limited for $0.7 million in cash effective August 27, 2015. David Foreman and Stewart Dickson of Cantor Fitzgerald Europe and Richard Greenfield of GMP Securities Europe LLP acted as financial advisors while Hugo de Salis and Charlotte Heap of St Brides Partners Ltd acted as PR advisors.
Anglo African Capital Limited entered into an agreement to acquire 63.5% stake in Delta Mining Consolidated Ltd. from Sable Mining Africa Limited (DB:B3D) for $19.9 million on May 26, 2015. Under the terms, Anglo African Capital Limited will pay $1.28 million in cash and $18.6 million loan notes which will be repayable repaid on over a number of years based on priority quasi royalty basis from the project operations. Delta Mining Consolidated Ltd. reported net loss of ...
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