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Strategic furthers Leigh Creek acquisition with share issue

Mineral development and production company Strategic Minerals (LN:SML) has issued shares to Resilience Mining Australia in one of the final steps of its 100% buyout of the idled Leigh Creek copper mine in South Australia.

Strategic furthers Leigh Creek acquisition with share issue Strategic furthers Leigh Creek acquisition with share issue Strategic furthers Leigh Creek acquisition with share issue Strategic furthers Leigh Creek acquisition with share issue Strategic furthers Leigh Creek acquisition with share issue

Strategic Minerals aims to restart the idled Leigh Creek copper mine

Strategic will hand over 41.6 million shares worth a total value of A$1.45 million (US$1.12 million) to Resilience for the mine.