Dec 12 (Reuters) - Genesis Minerals Ltd (GMD) :
- MERGER OF ST BARBARA & CO TO FORM HOOVER HOUSE, AND DEMERGER OF ST BARBARA’S NON-LEONORA ASSETS TO FORM PHOENICIAN METALS
- GENESIS SHAREHOLDERS TO RECEIVE 2.0338 NEW FULLY PAID ORDINARY SHARES IN ST BARBARA FOR EACH GENESIS SHARE
- GENESIS TO RAISE A$275 MILLION TO FUND MERGED ENTITY AND FACILITATE TRANSACTION
- ST BARBARA BOARD INTENDS TO UNANIMOUSLY RECOMMEND THE DEMERGER
- ST BARBARA TO UNDERTAKE DEMERGER OF ATLANTIC, SIMBERI & OTHER NON-LEONORA ASSETS TO ST BARBARA SHAREHOLDERS
- RALEIGH FINLAYSON IS TO BE APPOINTED MANAGING DIRECTOR AND CEO OF HOOVER HOUSE
- TONY KIERNAN WILL BE APPOINTED AS CHAIR OF HOOVER HOUSE
- EXPECTED THAT HOOVER HOUSE WILL RETAIN A 20% SHAREHOLDING IN PHOENICIAN METALS
- GENESIS PLACEMENT PRICE IS A$1.20 PER SHARE
News: GMD Genesis Minerals Announces Merger Of St Barbara & Co To Form Hoover House
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