July 13 (Reuters) - Lotus Resources Ltd (LOT) : SCHEME OF...

July 13 (Reuters) - Lotus Resources Ltd (LOT) :

• SCHEME OF ARRANGEMENT WITH A-CAP ENERGY
• LOTUS WILL ACQUIRE 100% OF A-CAP SHARES ON ISSUE
• MERGER TRANSACTION IMPLIES AN OFFER PRICE OF APPROXIMATELY A$0.0521 PER A-CAP SHARE
• UPON IMPLEMENTATION LOTUS SHAREHOLDERS WILL HOLD APPROXIMATELY 79.0% OF MERGED GROUP
• A-CAP'S BOARD UNANIMOUSLY SUPPORT SHARE SCHEME
• MERGER WILL CREATE A LEADING AFRICAN-FOCUSED URANIUM PLAYER
• MERGER WILL CREATE A LEADING AFRICAN-FOCUSED URANIUM PLAYER KAYELEKERA
• UNDER TERMS OF SHARE SCHEME, EACH A-CAP SHAREHOLDER WILL RECEIVE 1 NEW LOTUS SHARE FOR EVERY 3.54 A-CAP SHARES
• SINGAPORE SHENKE INTERNATIONAL INVESTMENT INTENDS TO VOTE ALL A-CAP SHARES HELD BY IT IN FAVOUR OF SHARE SCHEME