Obtala Buys Stake in SA Tin Project

Industrial Metals

Mining Weekly reports that Obtala Resources (LON:OBT) will acquire a 37% stake in a South African tin project.

Mining Weekly reports that Obtala Resources (LON:OBT) will acquire a 37% stake in a South African tin project.

The market news is quoted as saying:

Obtala announced on Wednesday that it would buy a 50% interest in Greenhills Resources for $4-million. The exploration and development company is now an equal shareholder in Greenhills with VML Resources.

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