Lemur Resources Limited #40316

Created at
2014-02-21
Last update
2024-09-13

2 Parents (Involvements as child)

Name
Bushveld Minerals Limited
Country of registration/origin
South Africa
Classification
Stock-exchange listed company

Relationship
Parent company
Parent relation
Subsidiary of parent company
Ownership share
100.00 %
Comment
Lemur Holdings is a wholly owned subsidiary of Bushveld Minerals and is the company’s coal and power platform.
Name
Development Bank of Southern Africa
Country of registration/origin
South Africa
Classification
Bilateral Development Bank / Development Finance Institution

Relationship
Tertiary investor/lender
Investment type
Debt financing
Comment
In April 2019 Lemur Holdings raised US$1 million from the Development Bank of Southern Africa toward the project.

1 Children (Involvements as parent)

Name
Imaloto Power Project
Country of registration/origin
Madagascar
Classification
Private company

Relationship
Subsidiary company
Comment
Lemur took the project over from Coal Mining Madagascar SARL.

1 Deals (Involvements as Operating company)

Target country
Madagascar
Current intention of investment
Mining
Current negotiation status
Concluded (Contract signed)
Current implementation status
Startup phase (no production)
Deal size
8 125 ha