Antares Energy Limited (ASX:AZZ)is pleased to provide additional clarifying information in relationto the purchase and sale agreements signed for
NorthernStar & Big Star announced on 7 September 2015.The gross pretax proceeds from these transactions are expected to be approximately 250,000,000
USD which will besubject to customary closing adjustments, taxation and frictional costs.This amount will be paid in cash.There are no conditions precedent to be effected prior to settlement.
Tomorrow will be rather epic.
AZZ Price at posting:
45.5¢ Sentiment: Hold Disclosure: Held