Prior to taking up the 3.46 million shares in the raising, Rio held 52% of the explorer’s 77 million shares.
Ashton’s most advanced project is its 50:50 Foxtrot joint venture with SOQUEM in Quebec.
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date:12/10/2020
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Providing investors with access to the very best mining projects from exploration to production.
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Mining Journal Select 365: Mining. Investment. Online.
date:22/02/2021
location:Sofitel, Sydney, Australia
Exceptional investment opportunities selected by Mining Journal
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RIO Tinto’s stake in advanced Canadian diamond explorer Ashton Mining of Canada has been slightly diluted by it subscribing for $C4.5 million worth of shares at a price of $C1.30 in a $C9 million raising.
Prior to taking up the 3.46 million shares in the raising, Rio held 52% of the explorer’s 77 million shares.
Ashton’s most advanced project is its 50:50 Foxtrot joint venture with SOQUEM in Quebec.
No 'big bang' in Rio's full-year production results and outlook
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