Asa Resource Group says the process of rationalising its subsidiaries by resource class is taking shape. It says that for example, bringing Freda Rebecca, Zani Kodo and its other gold interests together to form ASA Gold as a separate entity within the group will unlock significant value. It says that not only will this corporate reorganisation benefit ASA shareholders, but it will also facilitate investment in a single mineral class while retaining the overall multi-commodity group listing for those who wish to invest in all of the group's activities. It adds: "As these plans start to crystallise we will update shareholders on their full impact and their benefit to shareholders."
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