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Firering Strategic Minerals to Receive $1 Million Debt Settlement from Ricca Resources

MT Newswires·12/12/2025 05:39:16
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05:39 AM EST, 12/12/2025 (MT Newswires) -- Firering Strategic Minerals (FRG.L) expects to receive $1 million in full settlement of debts and claims owed by Ricca Resources, following the approval of all resolutions at Ricca's extraordinary general meeting. The London-listed quicklime producer and critical minerals explorer, which owns a 10.6% stake in Ricca, also said Friday it expects the Africa-focused mineral exploration company to distribute net proceeds to shareholders from the AU$4.4 million sale of an asset.