Peel's reluctant sale of Saturn stake

SATURN Metals has emerged from under the shadow of its parent company with Peel Mining confirming it has reluctantly sold the lion’s share of its shares to raise capital to fund activities on its core assets in New South Wales.

Peel's reluctant sale of Saturn stake Peel's reluctant sale of Saturn stake Peel's reluctant sale of Saturn stake Peel's reluctant sale of Saturn stake Peel's reluctant sale of Saturn stake

Saturn and Peel have reduced ties.

Peel managing director Rob Tyson, who until April was Saturn's chairman, said the decision to sell 19% to a group of investors, including large North American institutions and high net worth
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