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Jubilee exercises 40% Kabwe option

By:  
Creamer Media Senior Deputy Editor
 
CORPORATE ACTIVITY
AltX- and Aim-listed Jubilee Metals Group intends to exercise its option to earn a 40% interest in BMR Group’s Kabwe lead/zinc project, in Zambia, after a comprehensive technical, financial and legal due diligence. This increases Jubilee’s effective interest in the Kabwe project to 57.41%, comprising a 40% direct interest and a 17.41% interest indirectly held as a shareholder in BMR.
 
 
 
 
 

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