Katanga Mining Ltd Ord KATFF

Metals & Mining Industrial Metals & Minerals

Katanga Mining Ltd, through its subsidiaries, is engaged in copper and cobalt production activities in the Democratic Republic of Congo (DRC). Specifically, the company explores and develops properties with potential copper and cobalt yields operate mining and processing facilities that produce copper and cobalt and holds a portfolio of other mines that may be developed in the future.

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Post by patels96on Dec 16, 2018 12:15pm

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Post# 29121263

OSC Katanga Mining

Katanga and the named individuals have agreed to jointly pay a fine of more than 30 million Canadian dollars ($22 million) to settle the allegations, according to the person.

The people named in the OSC settlement will be banned for certain periods of time from acting as a director or officer of a publicly traded company listed in Ontario, the person said.
The settlement is expected to be announced as early as this week
Katanga Chief Executive Johnny Blizzard has also agreed to resign as part of the settlement, the person said.

https://outline.com/SJJ2BC

Best,
Katanga Shareholder