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News: WPG WPG Resources says acquisition of JV partners's 50% interest in challenger mining

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    27/07/16
    09:56
    Post #: 18374971

    July 27 (Reuters) - Wpg Resources Ltd (WPG) :

    • Acquisition and capital raising (WPG)
    • Deal for purchase price $9 million
    • Agreed to acquire its joint venture partner's 50% interest in the challenger mining and exploration joint ventures in south Australia
    • Announces a $13.5 million capital raising
    • Says purchase price is $9 million plus the issue of 25 million WPG options to diversified minerals pty ltd
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