Noble makes another Mongolian investment

COMMODITIES trader Noble Group will acquire a 9.9% stake of Mongolian coal, base and precious metals explorer Xanadu Mines.

Noble makes another Mongolian investment Noble makes another Mongolian investment Noble makes another Mongolian investment Noble makes another Mongolian investment Noble makes another Mongolian investment

Under the deal, the junior explorer will issue $A7.3 million of Xanadu shares to Noble at a price of 70c each – helping the stock rally 9.7% to 68c today.

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