Afferro receives 50m dollars from Severastal affiliate

AIM-listed oil and gas exploration company Afferro Mining has confirmed the receipt of 50m dollars by Mano River Iron Ore Holdings, Afferro's wholly-owned subsidiary, from Lybica Holding B.V., an affiliate of Severstal.

AIM-listed oil and gas exploration company Afferro Mining has confirmed the receipt of 50m dollars by Mano River Iron Ore Holdings, Afferro's wholly-owned subsidiary, from Lybica Holding B.V., an affiliate of Severstal.

MF

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up