M&A

Sovereign jumps on graphite acquisition

SHARES in Queensland explorer Sovereign Metals have soared more than 70% this morning after it announced it would acquire McCourt Mining, owner of the Central Malawi graphite project.

Lauren Barrett
Sovereign jumps on graphite acquisition

Coming out of a trading halt today, Sovereign said it has entered into an agreement for the purchase of McCourt, which is subject to shareholder approval and due diligence. Under the share sale agreement,...

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