Supernova metals eyes increased stake in offshore Namibia project
Supernova Metals Corp. has announced a non-binding letter of intent with Oregen Corp. to potentially acquire a further 36% interest in WestOil Limited, which controls a significant stake in Block 2712A in the Orange Basin, offshore Namibia. If the acquisition is completed, Supernova’s stake in WestOil would increase to 48.5%,