Purchasing Shares of Serengeti Resources Inc.

Source: www.gulfoilandgas.com 12/16/2010, Location: North America

Serengeti Resources Inc. announces that Raven Hill Partners has purchased 3.3 million shares of Serengeti Resources Inc. on the open market representing 7.1% of the issued and outstanding shares of the Company. Raven Hill has indicated that the shares were acquired for investment purposes only and that they do not have plans to increase their holdings in the Company at this time.

Raven Hill Partners is a private Toronto based investment and merchant banking firm that is dedicated to acquiring, funding, building and advising early stage private and public companies, with a strong bias in the natural resources and technology sectors.

"We are pleased to have Raven Hill as a significant shareholder" stated President and CEO David Moore. "Raven Hill has a strong presence in the capital markets in Toronto and this will be beneficial as we advance our Kwanika copper-gold project in BC and our Mexican gold-silver exploration portfolio. Furthermore, one of our Directors is a principal in Raven Hill so this transaction tightens up our shareholder base" elaborated Moore.


Italy >>  11/8/2024 -  The acquisition of ESA Service S.r.l, (“ESA Service”), a company designing and manufacturing leak detection and gas recovery systems, has been comple...
United Arab Emirates >>  11/8/2024 - Dubai Electricity and Water Authority (DEWA), in collaboration with Moro Hub, a subsidiary of Digital DEWA, the digital arm of DEWA, has successfully ...

United States >>  11/7/2024 - PowerGEM, LLC, a leading provider of power grid and energy market simulation software and services, announced it has merged with Cambridge Energy Solu...
Norway >>  11/6/2024 -  Akastor ASA (OSE: AKAST) and Mitsui & Co., Ltd, ("Mitsui") have today signed an agreement for the transfer of all of Mitsui's interests in AKOFS Offs...

Switzerland >>  11/6/2024 - AMPCO METAL, a global leader in copper-based alloys, is pleased to announce its acquisition of Switzerland-based Schmelzmetall Group, a renowned produ...
Turkey >>  11/6/2024 -  SCS Makina A.S. (“SCS”), an independent compressor distributor located in Adana, Türkiye, has become part of Atlas Copco Group.
<...


Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.