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African Energy to spin-out coal assets

Explorer will dump coal projects with an in-specie distribution as part of copper-gold pivot

Haydn Black
AFR is now focused on Australia

AFR is now focused on Australia

It has elected to conduct a pro-rata in-specie distribution of shares in an unlisted spin-out vehicle, which will manage the "relatively low" capital requirements for the 100%-owned Mmamantswe and Mmamabula...

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