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News: MLM Melior Announces Merger With ASX Listed Metallica Minerals Ltd

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    12/09/18
    21:15
    Post #: 35560811

    Sept 12 (Reuters) - Melior Resources Inc MLR.V :

    • MELIOR ANNOUNCES MERGER WITH ASX LISTED METALLICA MINERALS LIMITED
    • MELIOR RESOURCES INC - METALLICA WILL ACQUIRE ALL OF ISSUED & OUTSTANDING SHARES OF MELIOR IN EXCHANGE FOR METALLICA ORDINARY SHARES
    • MELIOR RESOURCES - EXCHANGE RATIO UNDER DEAL TERMS OF 20 METALLICA SHARES FOR EVERY 1 MELIOR SHARE
    • MELIOR RESOURCES INC - MELIOR SHAREHOLDERS WILL HOLD 64% OF METALLICA'S ISSUED CAPITAL AND MELIOR WILL BECOME A WHOLLY OWNED SUBSIDIARY OF METALLICA
    • MELIOR RESOURCES INC - METALLICA WILL REMAIN LISTED ON ASX
    • MELIOR RESOURCES INC - MELIOR WILL BE DE-LISTED FROM TSX VENTURE EXCHANGE
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