Cobre Limited (ASX:CBE) to acquire the controlling interest in Kalahari Metals Limited. Kalahari Metals Limited (KML) is the second largest tenement holder in highly prospective Kalahari Copper Belt (KCB) in Botswana next to Sandfire Resources Ltd (Sandfire)
Cobre Limited (ASX:CBE) is pleased to announce the signing of an Investment Agreement (Agreement) with Armada Exploration Limited (Armada), a Mauritian holding company, that owns 100% of Armada Exploration.
The principal activities of Cobre Limited (ASX:CBE) during the financial half-year was the exploration and evaluation of the assets held by Cobre's 100 per cent owned subsidiary Toucan Gold Pty Ltd (Toucan), primarily at the Perrinvale Project, which covers 408km2 of the Panhandle and Illaara Greenstone Belts in Western Australia.
Deep Yellow Limited's (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) activities for the six-month period to 31 December 2020 continued advancing both the Company's Namibian Projects and completion of the Tumas Pre-Feasibility Study (PFS), together with continued M&A efforts.
Cobre Limited (ASX:CBE) is pleased to provide the following update on Kalahari Metals Limited's (KML) exploration activities in Botswana through KML's wholly owned Kitlanya East (KIT-E) project.
Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is pleased to confirm that the placement announced on 18 February 2021 (Placement) has been successfully completed.
The Directors of Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) are pleased to announce that the Company has received commitments from qualified, institutional, sophisticated and professional investors to raise approximately A$40.8M.
