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Stratex International reveals Sprott stake is 10.11%


Sprott Global, the investment house focused on the natural resources sector, has revealed its stake in Stratex International (LON:STI) is now 10.11%.

Exploration Capital Partners 2012 Limited Partnership, a Sprott Global company, holds 47.2mln shares in Stratex, the AIM-quoted exploration and development company focused on gold and base metal in Turkey, East Africa and West Africa.

The cash-rich mining company has a busy year ahead of it, with exploration activity set to focus on the Dalafin project in Senegal, where Stratex holds a 75% interest.

Quick facts: Oriole Resources PLC

Price: 0.375 GBX

Market: LSE
Market Cap: £2.63 m

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