Anooraq, Anglo American Agree to Restructure, Refinance Bokoni Group

Resource Investing News

Anooraq Resources Corporation (TSXV:ARQ,NYSE:ANO,JSE:ARQ) and Anglo American Platinum Limited (LSE:AAL) announced they will restructure and refinance the Bokoni platinum group projects.

Anooraq Resources Corporation (TSXV:ARQ,NYSE:ANO,JSE:ARQ) and Anglo American Platinum Limited (LSE:AAL) announced they will restructure and refinance the Bokoni platinum group projects.

As quoted in the press release:

The Parties agree to a new strategic plan for the Bokoni group resulting in the disposal of undeveloped platinum group metals (PGM1) ounces to Amplats, recapitalization and refinancing of Anooraq and the Bokoni group, together with accelerated production growth at Bokoni Platinum Mine.

Click here to read the Anooraq Resources Corporation (TSXV:ARQ) press release.

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