M&A

Tanga targeting Namibian zinc

WITH clarity on Tanzania awaited, Tanga Resources has branched out into Namibia where it is set to acquire a drill-ready, high grade zinc, lead, silver exploration project.

Michael Quinn
Tanga targeting Namibian zinc

Tanga will issue the vendors of 44 million shares – equivalent to about 7% of the company post a A$1.16 million raising – plus staged milestone payments totalling $750,000 – after which time it can earn...

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