The LSE share price of Aim- and TSX-V-listed Altus Strategies rose by nearly 27% on Tuesday morning after it announced that private gold investment company La Mancha planned to buy a stake in the company. Altus and La Mancha have executed a nonbinding letter of intent (LoI) for La Mancha to subscribe for 124.2-million Altus shares at C$0.09 a share, for aggregate gross proceeds of about C$11.1-million.
