Cobre Completes 100% Acquisition of Triprop Holdings
Cobre Limited has completed the issuance of 3,001,300 shares to various non-related parties of Triprop Holdings to move to 100% ownership of Triprop. Triprop is the registered license tenement holder for Cobre’s Ngami Copper Project as well as the northern portion of the Okavango Copper Project in Botswana. Triprop is now a wholly owned subsidiary of Kalahari Metals Limited which is also a wholly owned subsidiary of Cobre. The move to 100% ownership follows Cobre’s increase in ownership from 51% to 80%. The shares today are subject to a 12-month…
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