Aureus Mining changes name to Avesoro Resources
08:05 09 Dec 2016
Earlier this week, Aureus issued a corporate update, saying its equity fundraise, as part of a refinancing, had completed.
Aureus Mining Inc (LON:AUE, TSE:AUE) has become Avesoro Resources Inc and its stock ticker will change to 'ASO' in London and Toronto as of Monday (Dec 12).
The firm also confirmed that the change of its website address to www.avesoro.com will also take effect from Monday.
Earlier this week Aureus issued a corporate update, saying its equity fundraise to bring in around US$76mln, as part of a refinancing, had completed.
The fundraise was made up of a subscription from major shareholder and Turkish conglomerate MNG to the tune of US$60mln. The remainder came from a placing and broker option.
Aureus also said its transition to an owner-operator model at the New Liberty mine in Liberia, as previously reported, was now complete.
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TORONTO, Dec. 9, 2016 /CNW/ - Further to the announcement of 6 December, the Company confirms that following its name change to Avesoro Resources Inc., trading in the Company's shares on AIM and TSX under the new TIDM "ASO" will commence with effect from 12 December 2016.
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I'm gonna withhold comment till Monday earliest but I'm mildly positive over neutral on this development.
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