CAPITAL MARKETS

Cove picks up Finnish titanium project

SHARES in Western Australia-based Cove Resources have soared 30% on news it has acquired the Koivu titanium project in Finland from Swedish company Endomines for 9 million euros ($A10.9 million).

Brooke Showers
Cove picks up Finnish titanium project

In afternoon trade, Cove’s share price moved up A3c to 13c. Under the acquisition terms, Cove will pay a consideration of €3 million cash over a 27-month period and a share component equivalent to...

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