Cradle Resources Ltd: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Cradle Resources Ltd To Acquire Panda Hill Pty Ltd
Cradle Resources Ltd announced that it has executed a Share Purchase Agreement (SPA) to acquire all the share capital (Acquisition) of Panda Hill Pty Ltd (Panda Hill) in consideration of the issue of 50 million ordinary shares and 50 million performance shares in Cradle to the Panda Hill shareholders (Vendors). Panda Hill is owned by Verona Capital Pty Ltd (and its principals), a private resource project development team.
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