Sphere spinning-off assets aplenty

MAURITANIAN iron ore hopeful Sphere Investments intends to spin-off its gold and base metal assets and its oil and gas interests as two separate entities that are likely to be listed on the Australian Stock Exchange.

Sphere spinning-off assets aplenty Sphere spinning-off assets aplenty Sphere spinning-off assets aplenty Sphere spinning-off assets aplenty Sphere spinning-off assets aplenty

Sphere’s gold and base metal assets will be spun off as Shield Mining with details of an in specie distribution and ASX-listing expected to be announced in the near term.

loader