Eastinco Mining and Exploration has acquired Aterian, and this sparked the move from the Aquis Stock Exchange to the standard list. This takes the business into Morocco. There is a portfolio of potential projects in the North African country.
The cash raised prior to the flotation and in the placing will finance the holding company costs for one year and enable investment in Morocco and the Rwandan assets that were already owned.
Eastinco will change its name to Aterian soon after joining the standard list. The share price ended at 1.05p at Friday’s close on the Aquis Stock Excha...
