COROMANDAL INTERNATIONAL :
Acquisition of 44,094 fully paid ordinary shares of face value of XOF 23,000 per share of Baobab Mining and Chemicals Corporation SA, Senegal (“BMCC”), representing 8.82% of issued share capital of BMCC, from Baobab Fertilizer Africa (“BFA”), which is an existing shareholder of BMCC, at a consideration of USD 3.84 million by the Company’s wholly owned subsidiary Coromandel Chemicals Limited (“CCL”).
Co increase from 45% to 53.8% of the share capital of BMCC
Acquisition of 44,094 fully paid ordinary shares of face value of XOF 23,000 per share of Baobab Mining and Chemicals Corporation SA, Senegal (“BMCC”), representing 8.82% of issued share capital of BMCC, from Baobab Fertilizer Africa (“BFA”), which is an existing shareholder of BMCC, at a consideration of USD 3.84 million by the Company’s wholly owned subsidiary Coromandel Chemicals Limited (“CCL”).
Co increase from 45% to 53.8% of the share capital of BMCC