CAPITAL MARKETS

Wyloo offloading Queen's Road shares

ANDREW Forrest's Wyloo Metals is planning to sell up to 50 million shares in Toronto-listed mining financier Queen's Road Capital Investment.

Wyloo offloading Queen's Road shares

The 11.1% stake was worth C$31 million at yesterday's closing price. Wyloo holds a total of 114.5 shares in QRC, or 25% of the company. No reason was given for the divestment. Wyloo has been contacted...

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