M&A

Force options Oman copper projects

FORCE Commodities has agreed to acquire two blocks in north-eastern Oman from AIM-listed Savannah Resources for the issue of A$500,000 worth of shares and the promise to repay a $3.5 million loan from cash flow in the event any development gets underway.

 Savannah successfully deepened known copper resources

Savannah successfully deepened known copper resources

The Middle East nation contains part of one of the best preserved copper-rich Ophiolite belts in the world but Savannah, which purchased Block 4 and Block 5 in 2014, has decided they are now non-core,...

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