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Aston Resources Invests in MM Mining
On 22 December 2008, Aston subscribed for shares and warrants in MM Mining plc for an undiluted shareholding of approximately 24%.
Aston Resources Invests in MM Mining
On 22 December 2008, Aston subscribed for shares and warrants in MM Mining plc for an undiluted shareholding of approximately 24%.
Aston is committed, subject to certain conditions and regulatory approval, to increase this shareholding to approximately 36.7% (undiluted) with the majority of equity to be used in a targeted drill campaign.Aston also has the option to subscribe to further shares and warrants over a period of approximately 15 months which, if exercised, would further increase Aston's shareholding to approximately 54% (undiluted). Both Nathan Tinkler and Hamish Collins are to join the Board of Directors of MM Mining plc. For further information about MM Mining please visit www.mmmining.com.au