LSA lachlan star limited
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News: LSA Lachlan Star To Acquire NSW Copper- Gold Portfolio From Devex Resources

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    03/08/23
    11:35
    Post #: 69134125

    Aug 3 (Reuters) - DevEx Resources Ltd (DEV) :

    • TO ACQUIRE HIGHLY PROSPECTIVE NSW COPPER- GOLD PORTFOLIO FROM DEVEX RESOURCES
    • IN CONSIDERATION FOR ACQUISITION, LSA WILL ISSUE 756.7 FULLY-PAID LSA SHARES TO DEVEX AT A DEEMED ISSUE PRICE OF A$0.01
    • LSA WILL ALSO UNDERTAKE A 1 FOR 10 CONSOLIDATION OF CAPITAL
    • FOLLOWING COMPLETION DEVEX WILL HOLD 36.46% OF CO AND WILL APPOINT TWO DIRECTORS TO LSA BOARD
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