Completion of the Transaction, is subject to the following conditions precedent:
(a) Bligh shareholders approving the Transaction at a general meeting on 19 April;
(b) the parties entering into a deed of assignment and assumption whereby Saracen will assume the existing royalty obligations in respect of the project; and
(c) Saracen obtaining all necessary regulatory approvals and other consents to effect the registration of the transfer of the relevant tenements to Saracen in accordance with the Mining Act.
BGH Price at posting:
3.2¢ Sentiment: None Disclosure: Held
