Proactive Investors - Run By Investors For Investors

Tango Mining acquires additional 23% interest in Kwena Group

Tango Mining Limited has acquired an additional 23% interest in South Africa-based Kwena Group.
Mining machinery
The acquisition brings its total interest to 74%

Tango Mining Limited (CVE:TGV) has acquired an additional 23% interest in South Africa-based Kwena Group.

The mining firm entered into a deal to acquire the additional shares, bringing its total interest to 74%.

Tango has agreed to issue 14,200,000 shares at a deemed price of US$0.05.

The shares will be distributed to four individuals, one of which is Tango director and significant shareholder Kevin Gallagher.

He will receive 1,300,000 shares of the 14,200,000 common shares, and as a result his total shareholding increases to 15,210,000 common shares, representing 9.72% of the company.

View full TGV profile View Profile

Tango Mining Timeline

Related Articles

1541425713_rsz_shutterstock_325392962.jpg
November 05 2018
The WUSA project is highly prospective for high and low sulphidation epithermal gold systems
Cobalt symbol, Co
January 10 2019
The company is looking to supply its Canadian cobalt-copper to MeiDu Energy Corp.
Cobalt
November 28 2018
The junior miner is acquiring the Hautalampi nickel-copper-cobalt deposit in the historic Outokumpu mining camp of eastern Finland

© Proactive Investors 2019

Proactive Investors 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