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African Battery Metals buys a stake in Katoro

By:  
Creamer Media Online Writer
 
BASE METALS
London-listed African Battery Metals (ABM) has acquired an interest in London-listed Katoro Gold and further entered into an option agreement to acquire an interest in Katoro’s Haneti nickel project, in Tanzania. Under the terms of the agreements, ABM will be acquire up to ten-million new ordinary shares of 1p each in the capital of Katoro, together with up to ten-million warrants over ordinary shares, and an option to acquire, subject to the completion of a due diligence, up to a 35% interest in Katoro's 100%-owned Haneti project for up to £125 000.
 
 
 
 
 

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