|
Metal Tiger PLC - Winchester, England-based investment company focused on the natural resources sector - Notes Cobre Ltd, in which it holds a 21% stake, receives renewal of its five exploration licenses in Botswana, held by mineral exploration services firm Triprop Holdings Ltd, based in Botswana's capital Gaborone. The licenses are ‘subject to a binding earn-in agreement with Kalahari Metals Ltd,’ Metal Tiger explains. Metal Tiger has a 62% stake in Kalahari Metals, with Cobre owning the rest.
The licenses are now valid until end of September 2024, in accordance with a notification received from Botswana's Department of Mines.
Current stock price: 16.25 pence
12-month change: down 38%
Copyright 2022 Alliance News Limited. All Rights Reserved.
|
