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Bushveld spinoff to raise £2m

Bushveld Minerals (LN:BMN) tin spin-off AfriTin Mining will try to raise £2 million (US$2.64 million) through an AIM IPO.

Bushveld spinoff to raise £2m Bushveld spinoff to raise £2m Bushveld spinoff to raise £2m Bushveld spinoff to raise £2m Bushveld spinoff to raise £2m

The Uis mine has been out of action for 30 years

AfriTin will float around 50% of its shares as it tries to capitalise on a global tin supply shortage, with Bushveld and its shareholders hanging on to just under half of the new company.