Aim-listed Savannah Resources has increased its interest in Matilda Minerals, which holds the prospecting rights to the 180 km2 Jangamo heavy mineral sands tenement, in Mozambque, to 100%, by acquiring a further 20% equity interest in the entity. This 20% interest has been secured in consideration of A$100 000, payable through the issue of 1.19-million ordinary shares of 1p in the company at an issue price of 5.056p. “We’re pleased to have reached agreement …
