Bushveld Minerals to proceed with Namibia tin project acquisition

Diversified mineral development company Bushveld Minerals will pursue the acquisition of the Uis tin project, in Namibia, following the successful completion of a due diligence. Accordingly, Bushveld's wholly-owned subsidiary tin platform Greenhills Resources has signed a sale of shares and claims agreement to acquire a 49.5% interest in Namibian tin explorer Dawnmin Africa Investments from a consortium of Namibian shareholders for £650 000, payable through the issue of 41-million ordinary shares of 1p each in Bushveld.