African Minerals to Increase Takeover Protection

Base Metals Investing

Mineweb reports African Minerals (LON:AMI) is seeking increased takeover protection at its AGM as it develops an iron mine in Sierra Leone.

Mineweb reports African Minerals (LON:AMI) is seeking increased takeover protection at its AGM as it develops an iron mine in Sierra Leone.

The market news is quoted as saying,

African Minerals , the largest company on London’s junior AIM market, will ask shareholders next month to vote on increasing its takeover protection with the company’s corporate profile likely to rise once it starts producing iron ore.

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