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Cobre Limited (ASX:CBE) Quarterly Activities and Cashflow Reports - ABN Newswire (@ABN_Newswire)


Cobre Limited (ASX:CBE) Quarterly Activities and Cashflow Reports
  
Quarterly Activities and Cashflow ReportsSydney, April 30, 2021 AEST (ABN Newswire) - Cobre Limited (
ASX:CBE) is pleased to provide the following update on its activities for the quarter ended 31 March 2021.
HIGHLIGHTS
Gabon:
- Signing of an Investment Agreement with Armada Exploration Limited who holds exploration licenses prospective for magmatic Ni-Cu sulphide situated in Gabon.
Botswana:
Subsequent to Quarter s End:
- Shareholder approval received to complete the acquisition of a controlling interest in Kalahari Metals Limited;
- Successful Raising of A$6.7m for Botswana Exploration; and
- Drilling to Commence in Botswana.
During the quarter, the Company s focus continued to be on diversification through the signing of an Investment Agreement (Agreement) with Armada Exploration Limited (Armada), a Mauritian holding company, that owns 100% of Armad ....

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