With shareholders' approval, in April 2021 Cobre Limited (ASX:CBE) and Metal Tiger plc commenced operating Kalahari Metals Ltd (KML) as a JV, approving 7,000m of drilling to commence the JV's exploration in Botswana.
Metal Tiger plc
Cobre Limited (ASX:CBE) is pleased to announce that it has agreed to invest A$1.0m into the capital raising announced yesterday by Cobre's largest shareholder, ASX and AIM listed, Metal Tiger plc (ASX:MTR) (LON:MTR), who are undertaking a two tranche conditional capital raising of A$5.0m
Cobre Limited (ASX:CBE) is pleased to provide the following update on its activities for the quarter ended 31 December 2020. During the quarter, the Company's focus was largely on the corporate front via its geographic and strategic diversification into Botswana through the proposed acquisition of a controlling interest in Kalahari Metals Limited.
Cobre Limited (ASX:CBE) is pleased to provide the following update on Kalahari Metal Limited's (KML) exploration activities in Botswana through KML's wholly owned Kitlanya East (KIT-E) project.
Cobre Limited (ASX:CBE) is pleased to announce the successful completion of the due diligence period under the Heads of Agreement the Company executed with, among others, Metal Tiger plc (LON:MTR), for the proposed scrip-based acquisition of up to a 51% interest in the equity of Kalahari Metals Limited.