Bushveld Minerals completes transition to Vanadium producer after Vametco buy-out

BMN - Video / 2017

Fortune Mojapelo, chief executive of Bushveld Minerals Ltd (LON:BMN) tells Proactive they're to take control of the Vametco vanadium project in South Africa through the buy-out of partner Yellow Dragon.

Shareholders will need to approve a reverse takeover that will see Bushveld pay US$11.1mln in cash and shares for Yellow Dragon’s 55% of their BVL joint venture.

Share on Social Networks

Share Link

Use permanent link to share in social media

Share with a friend

Please login to send this video by email!

Fortune Mojapelo, chief executive of Bushveld Minerals Ltd (LON:BMN) tells Proactive they're to take control of the Vametco vanadium project in South Africa through the buy-out of partner Yellow Dragon.

Shareholders will need to approve a reverse takeover that will see Bushveld pay US$11.1mln in cash and shares for Yellow Dragon’s 55% of their BVL joint venture.

Views

  • 195 Total Views
  • 195 Website Views

Actions

  • 0 Social Shares
  • 0 Likes
  • 0 Dislikes
  • 0 Comments

Share count

  • 0 Facebook
  • 0 Twitter
  • 0 LinkedIn
  • 0 Google+