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General mining & base metals

Amur Minerals shares suspended as it fails to find acquisition

Shares in Amur Minerals Corporation (AIM:AMC, OTC:AMMCF) have been suspended from AIM after the group failed to acquire a new business following the sale of its AO Kun-Maine subsidiary back in March.

Selling the business for US$35 million six months ago, the group became an AIM Rule 15 cash shell and was given half a year to find a new acquisition to reverse into.