Gertler-linked Camrose takes majority stake in Africo

摘要

Camrose Resources Ltd, an investment vehicle with links to mining investor Dan Gertler, has taken a majority stake in Africo Resources in a deal that will enable the company to develop and expand the Kalukundi copper and cobalt project in the Democratic Republic of Congo. Camrose invested 100 million Canada dollars (99.2 million dollars) in a private placement in Africo, which will give it a 60 percent stake in the company, Africo said.