LEADERSHIP

WMN to acquire Indonesian graphite player

WESTERN Mining Network shares have jumped almost 20% after the company agreed to acquire Indonesia's largest private graphite company Grafindo Nusantara and appointed two new board members.

Jack McGinn
WMN to acquire Indonesian graphite player

Under the agreement, Western Mining will acquire 100% of Grafindo in exchange for 25 million shares and no cash consideration within 60 days, subject to negotiation, the signing of definitive legal documents...

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