April 15 (Reuters) - PNX Metals Ltd (PNX) :
- KIN MINING AND PNX METALS MERGER
- MERGED GROUP, CAPITALISED AT A$123.0M
- MERGER WILL CREATE A DIVERSIFIED PORTFOLIO OF QUALITY MINERAL ASSETS IN TIER-1 JURISDICTIONS ACROSS AUSTRALIA
- UPON IMPLEMENTATION OF SCHEME, KIN AND PNX SHAREHOLDERS WILL HOLD 72% AND 28% OF MERGED GROUP RESPECTIVELY
- INDEPENDENT PNX DIRECTORS UNANIMOUSLY RECOMMEND SCHEME
- CO SHAREHOLDERS WILL RECEIVE 1 FULLY PAID ORDINARY SHARE IN KIN FOR EVERY 13 FULLY PAID ORDINARY CO SHARES
(([email protected];))
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