South32 investment to help Aldebaran advance Argentina copper project
Diversified mining company South32 will invest C$10.3-million by way of a private placement in TSX-V-listed Aldebaran Resources to advance the Altar copper/gold project in San Juan, Argentina.
Aldebaran will issue an aggregate 13.2-million common shares at a price of $0.78 each to South32, which will own about 9.9% of the mineral exploration company.