You are here

APS to be used as vehicle to acquire mines

Company says it is now conducting due diligence exercise on reverse takeover

BT_20140611_ASAPS_1126376.jpg
Mr Richmond: 'We intend to use the listco for further acquisitions of gold and silver mines in Armenia and expand in other parts of the world.'

ASIA-PACIFIC Strategic Investments (APS), which is turning from a funeral-services provider into an Armenian gold miner through a reverse takeover, will be used as a vehicle to acquire more mines, said one of its future major shareholders, George Richmond.

He told reporters over the phone

sentifi.com

Market voices on:

Powered by GET.comGetCom