Australian company Ferrum Crescent has gained shareholder approval to change its name to Europa Metals, in a move designed to emphasise its involvement in a zinc, lead and silver project in Spain.
The company last year sold its Moonlight iron-ore asset in South Africa and is now focusing on the Toral project, which is estimated to contain 670 000 t of zinc, 540 000 t of lead and 13-million ounces of silver.
Shareholders on Monday approved the name change and a resolution to issue equity at a general meeting. More details about the timetable for effecting the change would be announced at a later stage.
The company will use EUZ as its new ticker code on the ASX, Aim and JSE.