Bushveld Minerals moves closer to SMC acquisition as it supports BEE deal

Aim-listed Bushveld Minerals has signed a a deed of settlement and undertaking (DSU) with Gingko Trading and Oakleaf Investments Holdings 115. Under the DSU, Bushveld will settle all demonstrable funding that Gingko advanced to Oakleaf 115, as part of its acquisition, as a participant in the Avacap Consortium, of a 10% shareholding in Vametco Holdings in 2014.