Looking at who Ten10 are (the strategic investor), it looks to be made up of current and past Exxaro executives, and others with notable experience at large financial and acquisition institutions.
Exxaro Resources Limited is a South Africa-based diversified resources company with a coal business and acquisitive growth prospects in minerals and energy. Exxaro is among the top five coal producers in South Africa.
Exxaro Resources Limited is listed on the JSE under code EXX, their SP is ZAR169.30 or AUD13.93
Ann: $6.5m Funding to Complete Acquisition of Afro Energy Done, page-2
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