13/11/2019 - 09:02

Ibaera snaps up 61% of Azumah

13/11/2019 - 09:02

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The board and management of Azumah Resources has downed tools and moved on after its private equity partner, Ibaera Capital, moved to a majority 61% holding. Managing Director Steve Stone has resigned and non-executive director, Linton Putland will not seek re-election and both have recommended that shareholders accept Ibaera's increased 3.3c a share offer on their way out the door. All major shareholders have now accepted.

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