EMED Mining Public (
TSX:EMD,
StockForum), a Nicosia Cyprus-based firm engaged in the exploration and development of natural resource and base and precious metal properties in Europe, the Middle East and Central Asia, advised today that the Minister of the Environment and Spatial Planning, Maria Jesus Serrano, announced the signing of the Unified Environmental Authorization (“AAU”) regarding the Rio Tinto Copper Project.
According to the
news release, “The Company has noted the announcement but is awaiting formal receipt of the AAU and will make a further announcement once this has been received by the Company.”
EMED was in the news recently when the
company announced annual results yesterday.
Shares gained 11.43% on the news to $0.195 per share.
Currently there are 1.3b outstanding shares with a market cap of $244.7 million.