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Midas Minerals Clears Key Hurdle in Otavi Copper Acquisition, Drilling Set for Q4
8:08am on Thursday 28th of August, 2025 AEST
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Mining
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Midas Minerals Clears Key Hurdle in Otavi Copper Acquisition, Drilling Set for Q4
8:08am on Thursday 28th of August, 2025 AEST
Key Points
Otavi Project licences transferred to target entity Otjitombo Mining
Pending approval from Namibian Competition Commission
Minimum A$3.5 million capital raise required for acquisition completion
Drilling at Otavi planned for Q4 2025, South Otavi drilling to start in September
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