Raptor Resources Holdings,Inc. (fka RRHI)

[pitboss22]

Homework is Required: In the company's reports and PRs, TAG Minerals, Inc. is described as a subsidiary of Lantis. TAG Minerals Zimbabwe (PRIVATE) Limited, on the other hand, is described as an affiliate or an associated company. They are described as seperate entities even though they share the name "TAG Minerals". Do you know the distinction between a subsidiary and an affiliate/associate? The distinction is quite important.

Another important distinction is a Private Limited company has NO legal reporting requirements, which could leave the door wide open to all sorts of abuse. Especially considering the conditions in Zimbabwe.