CAPITAL MARKETS

Medusa still trying to seal deal

JUNIOR explorer Medusa Mining says it still has not completed the long awaited merger with Filipino company Philsaga Mining because of a condition in the deal relating to access to certain tenements – meaning also that trading of the company’s shares will remain suspended.

Jesse Riseborough

Medusa still trying to seal deal

In December last year Medusa announced it had finalised terms with Philsaga to acquire all of its assets including the Co-O mine as part of the Saugon project located on the southern island of Mindanao....

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