The Global Resource For Connecting Buyers and Sellers

Stratmin receives balance of first tranche from Bass Metals

Aim-listed graphite producer Stratmin has received the remaining portion of the first tranche funding of £500 000 from ASX-listed Bass Metals, after receiving an initial £75-million from the Australia-based company in October, Stratmin confirmed on Monday. This transfer forms part of Bass Metal’s £2-million earn-in agreement to acquire a 25% stake in StratMin’s Graphmada Mauritius subsidiary.