Central Asia Metals (GB:CAML) has released an update.
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Central Asia Metals PLC (CAML) has finalized its £3 million investment in Aberdeen Minerals Ltd, obtaining a 28.7% stake with 35,294,117 shares at 8.5 pence each. Additionally, CAML secured warrants for an additional £2 million investment at 11 pence per share, potentially increasing its stake to 37.8%. Following the investment, CAML’s Executive Director of Corporate Development, Louise Wrathall, has been appointed as a Non-Executive Director on Aberdeen’s board.
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