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Noventa Provides Update on Open Offer to Shareholders
Dec. 01, 2011 03:30PM PST
Tantalum InvestingNoventa Limited (AIM:NVTA,TSX:NTA,PLUS:NV) announced an open offer to shareholders is expected to launch during December.
Noventa Limited (AIM:NVTA,TSX:NTA,PLUS:NV) announced an open offer to shareholders is expected to launch during December.
As quoted in the press release:
Noventa’s strategy is to be the world’s largest, low cost industrial scale supplier of tantalum concentrate, a rare specialty metal widely used in the consumer electronics industry. There is currently a shortage of tantalum supply and stock levels in the industry are being run down. With operating mines in Mozambique, Noventa is in a unique position to expand production to meet the industries needs.
Click here to read the Noventa Limited (TSX:NTA) press release.
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