March 18 (Reuters) - Metarock Group Ltd (MYE) :
- METAROCK GROUP ENTERS BINDING AGREEMENT TO SELL PYBAR BUSINESS FOR A$65 MILLION
- ESTIMATED NET PROCEEDS FROM SALE TO CO OF A$36.3 MILLION AFTER DEDUCTING PYBAR'S OUTSTANDING DEBT AND ESTIMATED TRANSACTION COSTS
- CASH PROCEEDS FROM TRANSACTION ARE EXPECTED TO RETURN COMPANY TO NET CASH POSITION AT COMPLETION
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News: MYE Metarock Group Enters Binding Agreement To Sell PYBAR Business For A$65 Mln
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