CAPITAL MARKETS

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.

Kristie Batten
Chrysalis soars on Zambia buy

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. A condition of the settlement is...

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