PSC prospect resources limited

A vote of YES is a must, otherwise PSC will have to pay break fee of US$29m

  1. 15,734 Posts.
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    A break fee of US$20 million is payable by PMPL to Huayou if the Transaction does not complete due to any of the following:

    a competing transaction completing within 12 months, following the competing transaction being recommended by Prospect directors; any director of Prospect changing, withdrawing or adversely qualifying their recommendation of the Transaction where there is no competing proposal and
    Prospect shareholders do not approve the Transaction; PMPL failing to carry out its obligations to complete after all conditions precedent have been satisfied or waived (other than as a result of default by Huayou); Prospect or PMPL being or becoming insolvent
    Last edited by mcexplorer: 25/12/21
 
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20.5¢
Change
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Mkt cap ! $144.2M
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21.0¢ 21.5¢ 20.0¢ $131.3K 634.9K

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Price($) Vol. No.
21.0¢ 23000 1
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