Toucan gold pty ltd. The ex fortescue metals group asxfmg perrinvale project includes three prospects called schwabe zinc lago and ponchiera see figure 5. Metal tiger plc noted that further to its announcement of april 28 investee company cobre limited has now revealed that it has completed the acquisition of the remaining 20 of shares in toucan. Consideration for the 20 stake in toucan consists of a cash payment of 527900 plus 6160000 cbe shares with the final share purchase agreement to be completed by 30 june 2020.
Cobre pty ltd cobre is the 80 owner of toucan gold pty ltd toucan which holds a group of tenements perrinvale project covering 382km2 of the panhandle and illaara greenstone belts in western australia. Cobre has today announced that it has entered into a legally binding letter of intent with the two minority shareholders of cobres 80 owned subsidiary toucan gold pty ltd to acquire the. Toucan gold pty ltd toucan which is the 100 holder of the high grade perrinvale vhms project located in western australia.
Perrinvale project cobre pty ltd cobre is the 80 owner of toucan gold pty ltd toucan which holds a group of tenements perrinvale project covering 382km2 of the panhandle and illaara. Toucan gold is a registered proprietary company limited by shares and was first registered with asic in 2016. Metal tiger plc lonmtr the london stock exchange aim listed investor in natural resource opportunities has this morning provided an update in relation to its investment in cobre limited asxcbe.
Guyana Goldstrike Reports High Grade Assays Of 23 59 G T Au Over 0 60 Metres Within 3 60 Metres Of 4 82 G T Au In Trench Ttr 18 10 At Toucan Ridge Area Marudi Gold Project Guyana Emerginggrowth Com
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Guyana Goldstrike Reports Initial Assays Of 0 69 G T Au Over 27 Metres Including 1 09 G T Au Over 9 Metres In Trench Ttr 18 7 At Toucan Ridge Area Marudi Gold Project Guyana Junior Mining Network
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Metal Tiger Plc Acquisition Of Remaining 20 Of Toucan And Further Investment
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