Chrysalis soars on Zambia buy

SHARES in Chrysalis Resources skyrocketed after it reached an out-of-court settlement with the Zambian government allowing it to complete the acquisition of Zambian Copper, which holds tenements close to Blackthorn Resources’ Mumbwa project.

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Chrysalis first announced the buy last year but was thwarted when the Zambian government rejected the deal, leading the company to appeal to the Zambian High Court.

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