Stratex International is an exploration and development company focusing on gold and high-value base metals. The company objective is to be a leading-edge and innovative explorer whilst creating revenue from gold and base metal production via well-managed joint-ventures.
Since formation, Stratex has rapidly amassed a portfolio of high-potential exploration licences in Turkey and Ethiopia, primarily focussed on gold.
Kairos Fund ups stake in Stratex again
18th Oct 2007, 2:54 am
Kairos Eurasian Fund said it had increased its position in Stratex International (AIM:STI), the exploration and development company focused on gold and base metal opportunities in Turkey, by a further 1 million shares. Kairos now holds 23.8 million shares, or 10.17% of the company.
Kairos has been steadily increasing its position in Stratex, and is now one of the largest shareholders in the company.
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