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By Christian Moess Laursen
MetalNRG said it has started a business review to capitalize on the expected hike in prices in the metals-and-mining sector.
The natural-resources investment company said Monday that it plans to concentrate growth and value creation efforts on the mining sector, and that the initial focus will include gold and copper projects.
As part of the review, which is set to conclude in September, the company has identified a number of potential reverse takeover targets, it said.
The company also said it has raised 206,212 pounds ($259,641.53) through a convertible loan note to complete the business review and secure its next steps.
Write to Christian Moess Laursen at [email protected]
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