Aurelia Metals sells Pacific Road Capital’s share

Company News

by Rachael Jones

Aurelia Metals (ASX:AMI) has been informed that Pacific Road Capital’s entire 36.7 per cent shareholding, that’s 313.7M shares in the Company, was successfully sold and placed to a range of existing and new institutional investors overnight.

Pacific Road Capital first invested in the Company in late 2013 and supported the Company through the development of the Hera Mine and more recently the acquisition of Peak Mines.

Aurelia Metals acquired 100 per cent interest in Peak Mines in 2017. 

Shares in Aurelia Metals (ASX:AMI) down 7.69 per cent to 54c. 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.