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Rose Petroleum nearing completion of Mexico asset disposal

Matthew Idiens, chief executive of Rose Petroleum PLC (LON:ROSE), tells Proactive their disposal of the SDA Mill gold operation in Mexico is now nearing completion and they've struck an interim agreement with the buyer, allowing operations to restart at the project.

Idiens says that the final major item required for closing, a restructuring of Mexican ownership of SDA,  is at an advanced stage and is due to be in place later this month.

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Rose Petroleum PLC Timeline

December 07 2018

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