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POSCO to dilute stake in Kwanika

An oversubscribed placement and a tax credit have helped set Serengeti Resources (TSXV: SIR) up to advance the Kwanika copper-gold and Top Cat copper-gold-PGM projects in British Columbia this year.

Staff reporter
 Serengeti president David Moore at the East Niv project last year

Serengeti president David Moore at the East Niv project last year

Serengeti said yesterday it was set to increase its ownership to 67% of Kwanika Copper Corp by sole-funding 2020 exploration at Kwanika, with Korea's POSCO International electing "not to participate" in...

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