M&A

Namibian project new focus for Union

UNION Resources' recent acquisition of Namibian company, Sea Phosphates, has led to plans to raise $A2 million via a 1-for-5 rights issue at 1.1c per share to fund further work on the Sandpiper deposit in Namibia.

Claire Svircas

Namibian project new focus for Union

It's been a tough trot for Union over the past few years with the Iranian government thwarting its plans to develop the massive Mehdiabad zinc project. The company has now turned to sea-floor phosphates...

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