Robust to vend Kyrgyz Republic gold-copper projects into AIM-listed Mentum Inc. (MEN.L) for scrip worth £27 million (AUD 50 million)
- Transaction includes transfer of £3.5 million cash
- Post transaction Robust will hold 87.3% of Mentum Inc.
Mentum to change name to Tengri Resources and will hold:
- 80% of Andash copper-gold project
- 100% of Talas copper-gold project
- Right to earn 70% of Bashkol gold-copper project
Tengri will be well-placed to capitalise on other opportunities in Central Asia
