CAPITAL MARKETS

Sally stands aside for Brilliant

SALLY Malay Mining has decided not to use its pre-emptive rights to block a move by Canadian company Brilliant Mining Corp for the 25% stake in the Lanfranchi nickel joint venture being sold by Donegal Resources in a deal valued at more than $A22 million.

Michael Quinn
Sally stands aside for Brilliant

Sally Malay didn’t attempt to justify the decision, with a market statement merely stating it was looking forward to working with Brilliant. However reaction by analysts immediately following the announcement...

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