The News Review:
- Cape Lambert to issue 44 mln shrs for 30 pct stake in Africa iron …
- Cape Lambert Iron plans to invest 30% in Marampa Iron Ore Project …
- Gambia U-17 make fiery start
- Indian government helps out Sierratel
- Ambassador Bockarie Stevens says the APC North American Elections …
Cape Lambert to issue 44 mln shrs for 30 pct stake in Africa iron …
Forbes, NY
said it plans to make a 30 percent investment in Marampa Iron Ore Ltd. , owner of the exploration stage Marampa iron ore project in Sierra Leone, in a $45 million deal and will issue 44 million shares to make the investment. The company said the issue of shares represents about 10 percent of its current total issued capital, and and added it will solely fund the first $25 million toward a definitive feasibility study. The company said it has an exclusive option to acquire the outstanding shares in Marampa Iron Ore, which is a wholly-owned subsidiary of African Minerals Ltd.
Cape Lambert Iron plans to invest 30% in Marampa Iron Ore Project …
RTT News, NY
Cape Lambert will issue 44 million shares to make 30% investment and will sole fund the first US$25 million toward a definitive feasibility study. Cape Lambert noted that the exclusive option to acquire the outstanding shares in Marampa Iron Ore Limited, that if exercised will deliver control of the Marampa iron ore project. by RTT Staff WriterFor comments and feedback: contact editorial@rttnews.
Gambia U-17 make fiery start
WOW, Gambia
Ports Authorityâs Saihou Gassama opened the scoring for the baby Scorpions with only 2 minutes played. The home side could have doubled the advantage in the 25th minute if striker Alasana Camara had converted a penalty after the visitors handled the ball in the area. Sierra Leone, who were reduced to ten men in the 45th minute after the sending off of Zuma Issa Kamara, went ahead to restore hope three minutes into the second half. Samba Kanu pierced through the Gambian defence to slot in the equaliser, but his solo effort only proved to be a consolation when the home side later rallied and poached three second-half goals. Real de Banjulâs Ebrima Bojang slotted in the second in the 54th minute before substitute Mbemba Simaka drove home the third in the 76th minute. Bojang, much of whom was not seen in the first half, grabbed his second of the day through an artistic shot to seal the tie at 4-1. The Gambia will now travel to Freetown on September 12 for the return leg with the winner proceeding to meet the winner in the Ghana – Libya clash in the final qualifier phase.
Indian government helps out Sierratel
TeleGeography, DC
‘We are going to upgrade our network and computerise our operations’, said Sierratel managing director Alpha Sesay, before adding: ‘We will also start providing internet services directly to users’. Sierra Leone missed being connected to the communication cable due to political turmoil in 1997.
Ambassador Bockarie Stevens says the APC North American Elections …
Cocorioko, Sierra Leone
S, His Excellency Bockarie Kortu Stevens, said today that the All People's Congress ( APC) North American Branch elections were conducted in a free , fair and democratic atmosphere. The Ambassador made this disclosure to COCORIOKO during a short interview with the paper this evening. Stevens told COCORIOKO that he and the Secretary General of the APC, Mr. victor Foh, who was sent by President Ernest Koroma to supervise and conduct the elections made sure that the whole process was open and transparent.