CAPITAL MARKETS

Aspire sells 19.9% stake to SouthGobi

MONGOLIAN coal producer SouthGobi Energy Resources will acquire a 19.9% stake in Aspire Mining, o...

Blair Price

Under the binding agreement, Aspire will issue 105.7 million shares at 19c each to Vancouver-based SouthGobi. Aspire said this deal was an 8% premium to the seven-day volume-weighted average price...

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