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Heemskirk Completes Sale of Spanish Tungsten Project
Sep. 26, 2011 03:14PM PST
Critical Minerals Investing
Mining Weekly reported Heemskirk Consolidated (ASX:HSK) sold its Los Santos tungsten project, in Spain, to Almonty Industries for A$20-million.
Mining Weekly reportedĀ Heemskirk Consolidated (ASX:HSK) soldĀ its Los Santos tungsten project, in Spain, to Almonty Industries for A$20-million.
The market news is quoted as saying,
Heemskirk said on Monday that it had received $14-million in cash and has been issued with 5.56-million shares and 3.7-million warrants for Almonty Industries, which has applied to list on the TSX.