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Jan 19, 2021

Consolidated Tin lines up loan for Auctus acquisition

Consolidated Tin lines up loan for Auctus acquisition The King Vol mine to be acquired by Consolidated Tin Mines.

Consolidated Tin Mines has lined up a $30 million loan to help fund the acquisition and restart of Auctus-owned operations in the Chillagoe region, west of Cairns. The company in 2020 finalised negotiations with the administrator of the Auctus businesses to acquire 100 per cent of the shares in Auctus via a Deed of Company…

This content is for iQ Industry Queensland, iQ Coal, iQ Civil, iQ Geo, iQ Mining North, iQ Miner’s Life, iQ Rockhampton, iQ Coal and Mining North, iQ Coal and iQ Geo, iQ Civil and iQ Coal, iQ Civil and Mining North, and iQ Civil and iQ Geo members only.
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