Sign up UNITED KINGDOM
Proactive Investors - Run By Investors For Investors

Ortac moving closer to full ownership of Casa Mining

To date, Ortac has issued 66.55mln shares to Casa shareholders
Mergers & acquisitions
Ortac launched its bid after converting a loan into equity

Ortac Resources Ltd (LON:OTC) has increased its stake in Casa Mining to 84.7% from roughly 45% at the time it announced its offer last month.

To date, Ortac has issued 66.55mln shares to Casa shareholders, and potentially another 33.45mln could be issued if it ends up with 100% of Casa.

READ: Ortac Resources takes controlling stake in Casa Mining, launches offer for whole company

The offer remains open until May 10 of next year.

View full OTC profile View Profile

Arc Minerals Limited Timeline

Related Articles

1513112117_pershing-jpeg.jpg
December 12 2017
The Toronto-listed firm's main asset is the Relief Canyon Mine in Pershing County, Nevada..
Kwale-workers.jpg
August 29 2017
Base Resources has a top quality mineral sands asset at Kwale and is benefiting from a recovery in the market
White-Cliff-Minerals-MD-Todd-Hibberd-presenting-Syd-Mar-2017-757.jpg
March 16 2017
Todd Hibberd brought gold, lithium and nickel to investors.

No investment advice

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

© Proactive Investors 2018

Proactive Investor UK Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use