Polymetal has got a new gold asset

Polymetal has completed purchase of 100% in the Maminsky mining ore company holding the license for exploration and production at the unanimous gold ore field. The transaction sum is $3.9 million, paid in cash and $73.4 million in form of 5.492 million equal shares of Polymetal, sharing 1.4% in its enlarged authorized capital. They await that the new shares will be allowed for trading at LSE on April 11 2013. After the placement, total issued shareholding capital of Polymetal will be 389.473 million equal shares without nominal, each of them will represent the right of one vote.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
12 Northfields Prospect; London, - SW18 1PE; United Kingdom
E 51° 27.454518" S 0° 14.101236"

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