Katanga Completes Acquisition of KOL
23 Septiembre 2009 - 8:23AM
Marketwired Canada
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE
UNITED STATES.
Further to its press release of August 28, 2009, Katanga Mining Limited
(TSX:KAT) ("Katanga" or the "Company") today announced that it has completed the
acquisition of Kamoto Operating Limited ("KOL"). Katanga acquired the entire
issued share capital of KOL from Wayland Management SA and Tain Holdings Limited
by issuing an aggregate of 12,000,000 common shares and by making a cash payment
in the aggregate amount of USD 1,600,000.
About Katanga Mining Limited
Katanga Mining Limited operates a major mine complex in the Democratic Republic
of Congo producing refined copper and cobalt. The company has the potential to
become Africa's largest copper producer and the world's largest cobalt producer.
Katanga is listed on the Toronto Stock Exchange under the symbol KAT.
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