Edition:
India

Managem SA (MNG.CS)

MNG.CS on Casablanca Stock Exchange

765.00MAD
17 Sep 2019
Change (% chg)

null-30.90 (-3.88%)
Prev Close
null795.90
Open
null764.10
Day's High
null765.00
Day's Low
null764.10
Volume
12,036
Avg. Vol
573
52-wk High
null1,280.00
52-wk Low
null722.00

Latest Key Developments (Source: Significant Developments)

Avocet Mining Disposes Of Stake In Tri-K Project
Tuesday, 18 Jun 2019 

June 18 (Reuters) - Avocet Mining PLC ::DISPOSAL OF INTEREST IN TRI-K PROJECT.DEAL FOR AN AGGREGATE CONSIDERATION OF USD 21 MILLION.DISPOSAL IS PART OF THE RESTRUCTURING OF AVOCET’S OVERDUE LOANS TO ITS SECURED CREDITOR MANCHESTER SECURITIES CORP.ENTERED WITH UNIT OF MANAGEM SA, IT SOLD ITS REMAINING INTERESTS IN TRI-K GOLD PROJECT IN GUINEA TO MANAGOLD.  Full Article

Managem Increases Its Stake In Tri-K Gold Project In Guinea
Friday, 7 Sep 2018 

Sept 7 (Reuters) - MANAGEM SA ::MANAGEM INCREASES ITS STAKE IN TRI-K GOLD PROJECT IN GUINEA.MANAGEM INCREASES STAKE FROM 40% TO 70% IN HOLDING OF SOCIÉTÉS MINIÈRES DE MANDIANA.TO PROCEED TO LAUNCHING OF PROJECT FINANCING AND CONSTRUCTION PROGRAMMES FOR INITIAL INVESTMENT OF $176 MILLION.  Full Article

Morocco’s Managem increases stake in Guinea’s Tri-K gold project to 85%

RABAT, June 18 Morocco’s leading mining firm Managem said on Tuesday it increased its stake in the Tri-K gold project in eastern Guinea Conakry to 85% after acquiring a 30% stake held by its partner Avocet Mining for $21 million.