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16/01/2007 - 22:00

Davos pays $71m for Croesus assets

16/01/2007 - 22:00

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AIM-listed Davos Resources Plc has agreed to pay more than $71 million for the key assets of failed group Croesus Mining NL, whose remnants are also subject to a recapitalisation offer from company rehabilitators, Ascent Capital Holdings Pty Ltd.

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