Minmet to sell holding company

Exploration company Minmet will sell Exploration & Discovery Latin America (Panama) Inc, the holding company for its Dominican Republic exploration assets, to Canada’s Wellington Cove Explorations.
Minmet to sell holding company

It will receive 92% of Wellington’s issued share capital in return. On completion, it hopes to list Wellington on the Toronto stock exchange and raise €930,000 for further exploration and corporate expenses.

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