Amur Minerals Corporation (“Amur” or the “Company”), the nickel-copper sulphide mineral exploration and resource development company focused on the far east of Russia, is currently in discussions with a potential funding partner (“Investor”) which may or may not lead to the entering into of a subscription agreement.
In the event that a binding subscription agreement is entered into, the Company could receive a cash investment of up to £12.5 million, spread over 5 subscription events of £2.5 million each with 90 day intervals between each subscription event.
Read more (PDF)