Brief: Kopy Goldfields: Gold Project Krasny Valued At SEK 400 Mln Within Bidding Process

Kopy Goldfields AB (publ)

15/04/2020 07:39

April 15 (Reuters) - Kopy Goldfields AB (publ)  KOPY.ST :
    * THE GOLD PROJECT KRASNY IS VALUED AT MSEK 400 WITHIN
BIDDING
PROCESS BETWEEN ITS TWO OWNERS
    * OFFERED MAJORITY OWNER OF KRASNY PROJECT, GV GOLD, TO BUY
OR
SELL STAKE IN KRASNY PROJECT AT A TOTAL VALUATION OF USD 39.2
MILLION, CORRESPONDING TO APPROXIMATELY SEK 400 MILLION
    * KOPY GOLDFIELDS HAS OFFERED GV GOLD TO SELL ITS 51% STAKE
IN
KRASNY PROJECT AT PRICE OF USD 20 MILLION

Source text for Eikon:  ID:nBQN33BPMt 
Further company coverage:  KOPY.ST 

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