Christian Candy’s Solomon Capital makes offer for Metals Exploration

Solomon Capital has made a mandatory cash offer for Philippines focused miner Metals Exploration (LON:MTL), valuing the company at £35.76 million, or 13 pence per share.

Guernsey incorporated Solomon Capital was established in December 2008, for the purpose of investing in Metals Exploration and is beneficially wholly owned by property millionnaire Christian Candy.

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