Aim-listed Bushveld Minerals and Evraz Group have agreed on amendments to the terms of the share purchase agreement for the acquisition by Bushveld Vametco of Evraz’s Strategic Minerals Corporation (SMC), resulting in the purchase price reducing from $17.2-million to $16.4-million. Bushveld and financing partner Yellow Dragon, which established the 45:55 Bushveld Vametco special purpose vehicle to acquire the Vametco assets, were also finalising working capital and net debt adjustments.
