TYX tyranna resources limited
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News: TYX Syngas Announces Term Sheet For Acquisition Of Jumbuck Gold Project

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    17/10/19
    16:05
    Post #: 40935152

    Oct 17 (Reuters) - Syngas Ltd (SYS) :

    • ANNOUNCES TERM SHEET FOR ACQUISITION OF JUMBUCK GOLD PROJECT
    • ENTERED TERM SHEET FOR PROPOSED ACQUISITION OF RIGHTS, TITLE & INTEREST OF TYRANNA RESOURCES LTD IN HALF MOON
    • ACQUISITION IS PART OF PROPOSED RESTRUCTURING OF SYNGAS
    • SYNGAS INTENDS TO ISSUE NEW SHARES AT $0.02 TO RAISE A MINIMUM OF $5 MILLION IN PART TO FUND ACQUSITION
    • SYNGAS TO PAY $950,000 TO TYRANNA AS CONSIDERATION FOR ACQUISITION OF ALL ISSUED CAPITAL IN HALF MOON PTY LTD
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