MKO metaliko resources limited
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News: MKO Echo resources and Metaliko Resources have entered into an agreement to merge two...

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    29/09/16
    09:56
    Post #: 19498352

    Sept 29 (Reuters) - Echo Resources Ltd (EAR)

    • Co and Metaliko resources have entered into a takeover bid implementation agreement to merge two companies
    • Under deal Metaliko shareholders will receive 1 new echo share for every 2.5 Metaliko shares held
    • Offer values Metaliko at approximately $38.9 million
    • Offer is unanimously recommended by directors of metaliko
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