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Pembridge acquires Yukon's only operating mine

Cash shell Pembridge Resources (LN:PERE) has struck a deal with Capstone Mining (CN:CS) that upon closing will see it become a copper producer.  

Pembridge acquires Yukon's only operating mine Pembridge acquires Yukon's only operating mine Pembridge acquires Yukon's only operating mine Pembridge acquires Yukon's only operating mine Pembridge acquires Yukon's only operating mine

Minto is due to produce 19,000 tonnes of copper in 2018

 
The London-listed company has agreed to pay Capstone US$37.5 million in cash and 9.9% of its equity for the Minto copper asset, the Yukon's only operating mine.
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