Noventa Provides Update on Open Offer to Shareholders

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.