South32 International Investment Holdings buying at Arizona Mining (AZ)

South32 International Investment Holdings buying at Arizona Mining (V:AZ)

Updated Tuesday May 15, 2018 01:47 AM EDT
South32 International Investment Holdings Pty Ltd, a 10% Holder, acquired 5,932,600 Common Shares on a direct ownership basis at a price of $3.440 through a prospectus or prospectus exempt offering on May 10th, 2018. This represents a $20,408,144 investment into the company's shares and an account share holdings change of 12.6%.

Arizona Mining is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Arizona Mining Inc., formerly AZ Mining Inc., is a Canada-based junior resource company. The Company is engaged in the acquisition, exploration and if warranted, development of natural mineral resource properties. It operates through mineral exploration and development segment. It is focused on the exploration and development of Hermosa Property. The Hermosa Property is a polymetallic mineral exploration project located in Santa Cruz County approximately 50 miles southeast of Tucson, Arizona and approximately eight miles north of the United States-Mexico border. Its Hermosa Property consists of deposits, including the Taylor Deposit and the Central Deposit. The Taylor Deposit is a lead-zinc-silver carbonate replacement deposit and Central Deposit is a silver-manganese manto oxide development project. The Company holds approximately 25 patented mining claims totaling over 450 acres. The Company has no revenues from operations. The Company's subsidiary is Arizona Minerals Inc.

Headlines: May 15, 2018


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