Rome Resources (RMR)

Sector:

Alternative Investment Instruments

Index:

FTSE AIM All-Share

 0.29p
   
  • Change Today:
      0.000p
  • 52 Week High: 0.75
  • 52 Week Low: 0.27
  • Currency: UK Pounds
  • Shares Issued: 6,084m
  • Volume: 1,299,693
  • Market Cap: £17.34m

Pathfinder Minerals secures assistance from Africa Focus for acquisition

By Iain Gilbert

Date: Monday 11 Feb 2019

LONDON (ShareCast) - (Sharecast News) - Natural resources outfit Pathfinder Minerals has entered into a fixed period consultancy agreement with Hong Kong-based mergers and acquisitions specialist Africa Focus.
As part of the agreement, Africa Focus will assist Pathfinder in acquiring direct ownership and effective control of mining concession 4623C from its current owner, Pathfinder Moçambique.

Africa Focus, which was contracted to work with the AIM-listed firm until September, will be entitled to a conditional £1m fee. Pathfinder said it would consider a request by Africa Focus to convert its fee into new shares in the group.

Chief executive Scott Richardson Brown said: "I feel confident that we can move forward with them to the successful conclusion of the good faith negotiations that are progressing in Mozambique."

"The possibility of AFG taking an equity interest in the company in future, we believe, would align their interests with those of our shareholders."

As of 0915 GMT, Pathfinder shares had climbed 7.60% to 1.34p.

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Rome Resources Market Data

Currency UK Pounds
Share Price 0.29p
Change Today 0.000p
% Change 0.00 %
52 Week High 0.75
52 Week Low 0.27
Volume 1,299,693
Shares Issued 6,084m
Market Cap £17.34m

Rome Resources Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
26.68% below the market average26.68% below the market average26.68% below the market average26.68% below the market average26.68% below the market average
12.50% above the sector average12.50% above the sector average12.50% above the sector average12.50% above the sector average12.50% above the sector average
Value
26.68% below the market average26.68% below the market average26.68% below the market average26.68% below the market average26.68% below the market average
12.50% above the sector average12.50% above the sector average12.50% above the sector average12.50% above the sector average12.50% above the sector average
Income Not Available
Growth Not Available

Rome Resources Dividends

No dividends found

Trades for 18-Jul-2025

Time Volume / Share Price
14:36 400,000 @ 0.28p
10:18 4,048 @ 0.27p
09:18 2,500 @ 0.30p
09:15 6,950 @ 0.30p
09:10 16,250 @ 0.30p

Rome Resources Key Personnel

CEO Paul A Barrett

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