ISR Capital seeks shareholder approval for acquisition of Madagascar rare-earth mines

ISR Capital seeks shareholder approval for acquisition of Madagascar rare-earth mines
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SINGAPORE (Oct 15): After much twists and turns in a long-running saga, ISR Capital announced this morning that it will convene an EGM on Oct 30 to seek shareholder approval for the acquisition of the rare earth mining concession in Madagascar.

ISR Capital wants a 60% controlling stake in Tantalum Holding (Mauritius), which owns 100% of Tantalum Rare Earth Malagasy S.A.R.L.U. (TREM). TREM holds an exploration licence for the Madagascar concession.

The S$3 million proposed acquisition will be satisfied by...(click on link for full story on theedgesingapore.com)