PMH 0.00% 26.0¢ pacmag metals limited

Hi Meph and others following this - if you look at Entree's own...

  1. 342 Posts.
    Hi Meph and others following this - if you look at Entree's own announcement covering the merger (see their listing ETG on the TSX) they say the following:

    "The transaction values PacMag at approximately CAD$47 million (AUD$49 million)(1). Consideration will be payable with a combination of Entree shares and cash. Each PacMag shareholder will receive approximately 0.102 Entree shares and CAD$0.041 (AUD$0.043) cash for each PacMag share."

    Seems pretty clear from this that we get 43c for each share - as we thought - probably what Mike Clifford will clarify tomorrow.
 
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