Skip to main content
Investment

Turkish gold family seeks near-30% stake in Canadian company developing two Tanzanian mines

A gold industry business owned by Turkish investor Ozcan Halaç has proposed investing C$27.2 million in Lake Victoria Gold , a Canadian-listed company developing the Imwelo and Tembo gold projects in Tanzania . HOB Energy FZCO would purchase approximately 90.7 million Lake Victoria Gold shares at C$0.30 per share…

Business Insider AfricaBy Ayodeji Adegboyega
Share
Turkish gold family seeks near-30% stake in Canadian company developing two Tanzanian mines
Image via Business Insider Africa

Africa Business Review aggregates and summarises reporting from trusted publishers. The full article is published by Business Insider Africa.

Read at Business Insider Africa →

Original headline: “Turkish gold family seeks near-30% stake in Canadian company developing two Tanzanian mines”

  • Local Markets