Brief: Cobre Says Sinomine And Cobre Execute Investment Agreement In Botswana

Cobre

02/09/2025 02:24

Sept 2 (Reuters) - Cobre Ltd CBE.AX:

SINOMINE AND COBRE EXECUTE INVESTMENT AGREEMENT IN BOTSWANA

INITIAL A$1.5M INVESTMENT INTO COBRE BY WAY OF SUBSCRIPTION FOR NEW FULLY PAID ORDINARY SHARES IN COBRE

AFTER INVESTMENT OF UP TO A$3M FOR COBRE SHARES, SINOMINE WILL HAVE RIGHT TO BUY 70% INTEREST IN OKAVANGO PROJECT FOR A$7M

Further company coverage: CBE.AX

 ((Reuters.Briefs@thomsonreuters.com;))