Bellzone Mining confirms talks with China Sonangol Intl.

28th Mar 2014 11:26

AIM-listed African metal explorer Bellzone Mining on Friday said it noted the movement in its share price and confirmed it was talking to one of its major shareholders, China Sonangol International Singapore, about potentially securing additional equity capital.The group, which explores for iron ore, copper and nickel in the Republic of Guinea, said this "may or may not lead to an offer being made for the company".Shares in the group had soared 49% to 4.50p by 11:30.NR