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Rio cements stake in Ashton

RIO Tinto will fork out almost $C7.8 million ($A9.2 million) to maintain its major stake in Canad...

Ben Sharples
Rio cements stake in Ashton

The major has agreed to subscribe for around 5.54 million shares at $1.40 in the short form prospectus to maintain its 52% shareholding. Ashton said the funds would be used to continue its ongoing exploration...

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