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News   Natural Resources   International Mining & Infrastructure adds...

International Mining & Infrastructure adds to Afferro Mining stake

Stockhouse Editorial
0 Comments| July 10, 2013
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Afferro Mining (TSX: V.AFF, Stock Forum) Wednesday acknowledged the announcement made by International Mining & Infrastructure Corporation plc (IMIC) on July 10 2013, which states that IMIC has acquired an additional 1.08 million shares in Afferro at an average price of 79.6p.

Following the acquisition, IMIC held 20,111,342 ordinary shares in Afferro representing 19.15% of the company's current voting rights.

Afferro Mining is an iron ore explorer and developer with projects in Cameroon.

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