April 8 (Reuters) - Westgold Resources Ltd (WGX) :
- MERGER TO CREATE 400 KOZPA AUSTRALIAN GOLD MINER
- WESTGOLD RESOURCES AND KARORA RESOURCES AGREED TO COMBINE IN A MERGER
- KARORA SHAREHOLDERS WILL RECEIVE 2.524 WESTGOLD SHARES, A$0.68 IN CASH AND 0.30 OF A SHARE IN A NEW COMPANY TO BE DE-MERGED
- UPON COMPLETION OF TRANSACTION, CO'S SHAREHOLDERS WILL OWN 50.1% OF COMBINED CO
- OFFER CONSIDERATION REPRESENTS A$6.60 PER KARORA SHARE
- TRANSACTION HAS BEEN UNANIMOUSLY APPROVED BY BOARDS OF DIRECTORS OF WESTGOLD AND KARORA
(([email protected];))
News: WGX Westgold Resources And Karora Resources Agreed To Combine In A Merger
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$2.75 |
Change
0.050(1.85%) |
Mkt cap ! $2.607B | |||
| Open | High | Low | Value | Volume |
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|---|---|---|
| 35 | 23261 | $2.75 |
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|---|---|---|
| $2.76 | 40977 | 38 |
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