Tango Gold Mines Incorporated Changes Its Name to Tango Mining Limited
Tango Mining Limited (“Tango” or the “Company”) (TSX VENTURE:TGV) is pleased to announce that the TSX Venture Exchange (the “Exchange”) has approved the Company’s change of name from Tango Gold Mines Incorporated to Tango Mining Limited.
The name was chosen to reflect Tangos new operational ethos and corporate growth strategy that is focused on diversification from an exploration focused company to that of a mining concern, with its existing operations that generate free cash flow, and Tangos ambition to acquire and develop additional assets, with a focus on coal, precious stone, gold, base and other metal properties, in South Africa, Nicaragua and worldwide.
The Company’s common shares will commence trading under the new name on the Exchange at market open on Monday, 24 November 2014 under the same trading symbol as noted above, “TGV” and will launch a new website at www.tangomining.com concurrently with new email addresses. There is no consolidation or change in the share capital of the Company. Common share certificates bearing the previous company name “Tango Gold Mines Incorporated” continue to be valid in the settlement of trades in common shares. Shareholders are not required to transfer existing share certificates into the new name. The directors of the Company approved the name change on 18 September 2014, pursuant to the Articles of the Company.
About Tango Mining Limited
Tango Mining Limited is a Canadian company that recently acquired African Star Minerals Group’s (“ASM”) operations in South Africa which collectively hold four toll treatment contracts in respect of four mutually exclusive coal operating and production collieries, Witbank coal district, Mpumalanga and Natal Provinces and 100% interest in the Oena Project, a past producing alluvial diamond property, Northern Cape Province, South Africa. Tango also holds 100% interest in the 2,088.8 ha El Santo concession, Nicaragua. El Santo is believed to host several east-west trending, low sulphidation, epithermal gold-quartz vein systems.