# Cobre to acquire 51% of Kalahari Metals from Metal Tiger and minority shareholders

Metal Tiger announced that Cobre Limited will acquire up to 51% of Kalahari Metals Limited through a share issuance valued at approximately A$4.1 million. Metal Tiger will sell part of its 62.17% stake and minority shareholders will sell their 37.83% stake.

- Type: Acquisition
- Announced: 2020-08-24
- Where: Botswana
- Value: $3.00M (4.10M AUD)
- Status: announced
- Products: natural resource interests

## Companies

- [Cobre Limited](https://endata.com/companies/49423.md) (acquirer)
- [Kalahari Metals Limited](https://endata.com/companies/49424.md) (target)
- [Metal Tiger](https://endata.com/companies/49425.md) (investor)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20200823005035/en/Heads-of-Agreement-Executed), 2020-08-24: "Cobre will acquire up to 51% of Kalahari Metals (the “ Proposed Transaction”)."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.