SLR silver lake resources limited
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News: SLR Silver Lake Resources Says To Progress With Revised Proposal To Acquire St Barbara's...

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    31/05/23
    11:55
    Post #: 68053693

    May 31 (Reuters) - Silver Lake Resources Ltd (SLR) :

    • SILVER LAKE IS READY AND WILLING TO RAPIDLY PROGRESS WITH REVISED PROPOSAL TO ACQUIRE ST BARBARA'S LEONORA ASSETS
    • IMPLIED VALUE OF SILVER LAKE PROPOSAL IS A$718 MILLION
    • CONFIRMS TODAY PROVIDED ST BARBARA A REVISED NON-BINDING AND INDICATIVE OFFER WITH IMPROVED CONDITIONALITY
    • HAS LEFT PROPOSAL OPEN UNTIL 30 JUNE 2023
    • PROPOSAL COMPRISES A$370 MILLION IN CASH AND 327.1 MILLION SILVER LAKE SHARES VALUED AT A$348 MILLION
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