Nigeria: Multiverse to Acquire Mineral Extractive Sites in Four States By 2010

10 October 2008

Multiverse Resources Plc, a company specialised in mining, has announced its plans to expand its operations across the major geo-political zones in the country, even as it intends to acquire mineral extractive sites in four states before the end of 2010.

Speaking during the listing by introduction of its three billion ordinary shares of 50 kobo each at N1.80 per share on the Nigerian Stock Exchange (NSE) in Lagos on Wednesday, the Managing Director of the company, Mr. Ayedun Fasina disclosed that it hopes to acquire extractive sites in Abuja, Enugu and Cross Rivers states before the end of 2010.

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