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Ortac Resources Ltd increases its stake in Andiamo Exploration Ltd to over 18 pct


Tuesday, 18 Mar 2014 03:00am EDT 

Ortac Resources Ltd:Says it has completed payment of the second tranche of the conditional subscription agreement, entered into with Andiamo Exploration Ltd as per its announcement Jan 13.As a result of a further $500,000 investment into Andiamo, Ortac's stake now stands at 18.85 pct(6.66 mln shares) and puts its total investment into Andiamo at $1mln. 

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