CATL's chairman controls a company that owns 25% of TTX. https://www.bloomberg.com/billionaires/profiles/yuqun-zeng/
He is in control of Ruihua Investment that owns a good portion of Tantalex , He is also the chairman of CATL....
They own roughly 50 millions shares of Tantalex over 25% of float and they own 50 million warrants @ 12 cents.
I assumed there the ones who funded them to aqquire the tailings too..
Concurrent Private Placement
In order to finance the contemplated acquisition described hereinabove, TTX is pleased to announce that is has completed a private placement of an amount of US$2,450,000 by the issuance of unsecured convertible subordinated debentures due 2019 bearing interest of 12% and convertible into common shares of the Company at the maturity date, being one year from the date of issuance (the “Convertible Debentures”). In addition, each holder of Convertible Debentures, received 50% of the principal amount of their respective Convertible Debentures issued in warrants of the Company (the “Warrants”), each Warrant entitling its holder to acquire one common share in the share capital of the Company at a price of CAD$0.13 per common share for a period of 12 months from the date of issuance.
So they own a major portion of this company.
That's a good thing, Let's just hope the tantalex team can start being nice to use shareholders.