Highlights Closing and formation of a joint venture with TSX-V listed Osisko Metals to develop the Pine Point zinc-lead project in Northwest Territories,.
Highlights Closing and formation of a joint venture with TSX-V listed Osisko Metals to develop the Pine Point zinc-lead project in Northwest Territories, Canada, as part of which: Appian has purchased share capital of Pine Point Mining Limited (PPML), which holds the Pine Point Project, from Osisko Metals in exchange for a payment in the amount of C$8.3m; Appian has subscribed for share capital of PPML in exchange for funding C$13.1m into PPML; Appian has provided an interim loan to Osisko Metals in the amount of C$6.7m that has been converted into share capital in PPML; and Appian has purchased shares of Osisko Metals at a price of $0.2481 per share for C$5m. Pine Point is strongly aligned with Appian's investment strategy, expected to produce clean zinc and lead concentrates, benefitting from its strategic location in a tier-1 jurisdiction and access to international concentrate markets through existing high-quality infrastructure, including railway access Brownfield exploration
/PRNewswire/ Appian Capital Advisory LLP ("Appian" or the "Company"), the investment advisor to long-term value-focused private equity funds that invest.
Appian appoints Douglas Coleman as Head of Mexico - PRN India News webindia123.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from webindia123.com Daily Mail and Mail on Sunday newspapers.
Highlights Appointment of Douglas Coleman will drive Appian's ambitious expansion plans in MexicoDouglas will focus on strengthening Appian's presence in the country through sourcing and