Copper Range7 Nov 2017 13:16
So did MT sell the Copper asset back to the company that FTE bought it from.
Under the agreement, Forte will acquire 75% of the share capital of Copper Range Pty Ltd (currently 100%
owned by Antares), with Antares to retain a 25% interest. Forte will provide 100% of funding for the
project until such time as a decision to mine is made.
Copper Range (SA) Pty Limited engages in exploration and mining of copper. The company was incorporated in 2005 and is based in Stepney, Australia. As on June 16, 2017, Copper Range (SA) Pty Limited operates as subsidiary of Pure Synergy Limited and Innovation Corporation Limited.
https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapid=35187385
RSM Corporate Finance Australia Pty Ltd ("RSM"), who have conducted the independent bid process (refer to BOS GLOBAL announcement of 6 February 2017), has received an offer for cash payment of �500,000 for 100% of CRSA as a joint bid from Pure Synergy Limited and Innovation Corporation Limited ("Conditional Offer"), both of which are Hong Kong registered companies