Would MC increase 100% after share sale of AB and re-list completed?
PROCESS AND TIMETABLE
The broad process for effecting the listing of Kimberley Mining is:
• Metalicity completes corporate structuring including tax advice to affect a share sale of Admiral Bay to Kimberley Mining in the June Quarter 2018 • Metalicity shareholders to vote on approving the Proposed Transaction at an Extra-ordinary General Meeting (EGM) in the June Quarter 2018 • Kimberley Mining to appoint a CEO and President and additional Investment Banks to the syndicate in the June Quarter 2018 • Kimberley Mining will undertake a public offer, with Metalicity shareholders having a priority entitlement in the September Quarter 2018.
The above process, specifics and timetable is indicative only and subject to shareholder and regulatory approval, and finalisation of a sale and purchase agreement with Kimberley Mining.
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