Rio take more shares in Ashton

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.

Rio take more shares in Ashton Rio take more shares in Ashton Rio take more shares in Ashton Rio take more shares in Ashton Rio take more shares in Ashton

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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