CGA Mining becomes strategic investor in Sierra Mining
May 4th, 2010
Filed under: Operator - CGA Mining
CGA Mining (ASX: CGX, TSX: CGA), which has a market capitalisation in excess of $700 million, will take a 10% interest in Sierra Mining (ASX: SRM) and become a strategic investor in the company.
CGA has agreed to invest in 11.8 million ordinary shares at $0.06 each, along with one for two free attaching options exercisable at $0.10 each.
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