Jubilee secures additional high-grade feed, progresses Large Waste Rock project
Aim-listed Jubilee Metals has secured additional high-grade copper feed material for its Roan concentrator, in Zambia, for $1.8-million. Jubilee says it will settle the payment of $1.8-million, or £1.3-million, through the issuance of 29.76-million new Jubilee ordinary shares at a price of 4.48p a share – a 14.3% premium to Jubilee’s closing share price of March 9.
Aim-listed Jubilee Metals has secured additional high-grade copper feed material for its Roan concentrator, in Zambia, for $1.8-million. Jubilee says it will settle the payment of $1.8-million, or £1.3-million, through the issuance of 29.76-million new Jubilee ordinary shares at a price of 4.48p a share – a 14.3% premium to Jubilee’s closing share price of March 9.
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