Central African Mining & Exploration Company plc (CAMEC), a producer of copper and cobalt in Africa has bought a 6.2% stake in ASX-listed uranium explorer OmegaCorp Ltd, after making a bid last Friday.

The company is purchasing 9.48 million shares of OmegaCorp, London-based CAMEC said on Thursday in a statement.

It is offering one share for each share of Perth-based OmegaCorp, and will issue new stock to pay for the stake.

CAMEC is a mining, investment, development and trading company with offices in the UK and Africa.

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