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General mining & base metals

Amur Minerals widens field in search for deal

Cash shell Amur Minerals Corporation (AIM:AMC, OTC:AMMCF) said it continues to review a number of reverse takeover opportunities in multiple countries and for multiple commodities.

Two non-mineral resource companies have also approached the company from the AI/Entertainment, financial services space.

Trading in Amur shares will remain suspended until the completion of a reverse takeover.

As of 30 June 2023, Amur had cash reserves of US$6.3 million, up from US$5.3 million at the end of 2022, and an additional US$1 million of restricted cash,