BDR beadell resources limited

...'Recently, we have announced that a definitive agreement has...

  1. pdm
    489 Posts.
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    ...'Recently, we have announced that a definitive agreement has been reached with Golden Harp Resources Inc. of Canada to merge the companies via an Australian scheme of arrangement transaction.

    """The new merged entity, to be named Americano Mining Inc., will apply to be listed on the Australian Securities Exchange as well as retain its listing on the TSX Venture exchange."""

    A Canadian listing is important for the company as the TMX (including the Toronto Stock Exchange and the TSXV) is considered a global leader for mining companies. The listing will improve exposure to North American capital markets with increased liquidity and analyst coverage. It is a natural progression for Beadell as there is an extensive peer group of Latin American focused gold exploration, development and production companies. The proposed merger is subject to, among other things, approval by Beadell and Golden Harp shareholders, court approval and regulatory (including FIRB) approvals.'

    '''''''' is this really worth another punt or will it be more of the same with a new name ?
 
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Currently unlisted public company.

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