ISAM Holding | Acquisition of the mining company Primecap Resources SA
17791
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Acquisition of the mining company Primecap Resources SA

Acquisition of the mining company Primecap Resources SA

March 18, 2019

 

Isam Holding Group is pleased to announce the acquisition of the mining company Primecap Resources SAS, which owns the title 7474 of golden, platinum and associated minerals. This transaction has been carried out through the Isam´s affiliated company in Colombia Stone Green Capital SAS and its subsidiary Dolphin Capital SAS.

The acquisition of the company and the title 7474, called Viking Mine, is intended to make a qualitative and quantitative leap in the department of precious materials of Isam and the launch of one of the most promising title in Antioquia.

To this end, Isam Holding will open new offices in Medellin for Primecap Resources SASin April, through its subsidiary Dolphin Capital SAS.

The company plans to use legal vehicle which is listed on the stock exchange of Toronto / London with the purpose of strengthening the company and for further enlargements.

The CEO of the company, Joaquín Álvarez,  expressed his satisfaction with the purchase of this new title because it means a huge step for the company and its precious material department.

 

Title concession: B7474005

Mineral: gold, platinum and its concentrates

Area: 4.550,00 acres.

Status: beginning of production

 

ISAM Holding is a Spanish mining company, owner of 80 enterprises and a series of high quality concessions of precious metals, strategic industrial minerals and gemstones such as gold, platinum, tantalum, diamond and emerald, which are mainly located in Guinea Conakry and Colombia.