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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.


OTCPK:KATFF - Post by User

Katanga Mining Ltd Ord
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Post by Jimbo67352on Dec 03, 2019 6:34pm
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Post# 30419092

Confused, so what do the want us to do ?

Confused, so what do the want us to do ?I am new to this game, excuse my ignorance.
What do the want us to do ?
Trade our shares for warrants   (Rights) ?
Keep our shares and buy more shares at the subscription price using the Rights ?
Each share holder will recieve 1 right / share held, which entitles them to subscribe to 31.08 common shares @ C$0.1295 .
Is Glencore giving us an offer we can't refuse?
Will our old shares be worthless after if we don't the new ones ? 
Will Glencore own 99.6% of the company after the share offering ?

Thanks for any answers
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