Aim-listed Europa Metals reported on Wednesday that it had completed the previously announced disposal of the Toral zinc/lead/silver project, in Spain, to Denarius Metals.
The company has been issued with seven-million shares in Denarius Metals.
Following the disposal, Europa is an Aim Rule 15 cash shell and has six months to make an acquisition or acquisitions after which its shares will be suspended.
Europa said it was continuing to work on the transaction previously announced with Viridan Metals and its Tynagh recycling and reclamation project in Ireland.
Edited by: Creamer Media Reporter
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