Atlantis Resources to sell 50% stake in Canadian JV to DP Energy

Atlantis Resources has entered a conditional agreement to sell its 50% stake in its Canadian joint venture to partner DP Energy. The cash deal allows Atlantis to focus on opportunities in the UK, Europe and Asia.

“I am pleased that we have agreed this sale with DP Energy.”proactiveinvestors.co.uk

• 2 sources
• proactiveinvestors.co.ukAtlantis Resources set to sell its stake in Canadian joint venture to partner DP Energy | AIM:SAE, OTC:SMAYFGiles GwinnettJan 5, 2018
• power-technology.comAtlantis to divest 50% stake in AOCL to DP Energy - Power TechnologylroyJan 9, 2018

Summarized from public sources; check the original articles before acting on it.