M&A

Caerus grows Cyprus exploration footprint

London-listed Caerus Mineral Resources is set to increase its footprint in Cyprus with the acquisition of a local private explorer which holds three exploration licences on the Mediterranean island.

Caerus Mineral Resources' Mala exploration licence located in Cyprus

Caerus Mineral Resources' Mala exploration licence located in Cyprus

Caerus has agreed heads of terms on a £300,000 (US$ 417,500) deal to acquire Cyprus Gold Mines, owner of the Anglisides, Pano Lefkara and Layia licences.   Caerus said all three assets were at an "advanced...

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