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Orsu Metals Corp V.OSU.H

Orsu Metals Corporation is a British Virgin Islands-based exploration company. The Company is engaged in discussions and evaluating a number of potential acquisitions with concurrent equity financing with the aim of moving the Company forward.


TSXV:OSU.H - Post by User

Bullboard Posts
Comment by brahmabullzon Dec 03, 2008 11:10am
356 Views
Post# 15624937

Charlemagne wants to BUY?

Charlemagne wants to BUY?I'm reading this again ....  Charlemagne wants to BUY 73 million shares .. originally wanted to BUY 81 million shares

Am I reading this right?


Orsu Metals Corporation ("Orsu", or the "Company") (TSX: OSU, AIM: OSU), the London-based precious and base metals mining, production, exploration and development company, announces that on 1 December 2008 it received a notification by Charlemagne Capital (IOM) Limited, that on behalf of managed funds, it is interested in 73,906,203 or 16.17% of the Ordinary Shares of no par value of the Company. Previously Charlemagne Capital Limited was interested in 81,284,439 Ordinary Shares or 17.79% of the total number of shares in issue.

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