Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Thomson Reuters Stock Report

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Impact Minerals Ltd To Acquire 100% of Endeavour Minerals Pty Ltd With Invictus Gold Limited

Tuesday, 29 Jan 2013 07:14pm EST 

Impact Minerals Ltd (IPT) announced that Impact Minerals Limited and its 75% owned Invictus Gold Limited (IVG) have jointly agreed to acquire 100% of Endeavour Minerals Pty Ltd, a private company with four exploration and resource development projects in Australia, consisting of two 100% owned gold and base metal projects and the rights to farm-in to two nickel-copper-PGE gold projects. Invictus and Impact will each acquire 50% of the outstanding shares in Endeavour for AUD1,050,000 comprising AUD 650,000 cash and AUD 400,000 in shares as: a partly refundable payment of AUD100,000 on signing of a Binding Term Sheet (completed) for an exclusive option to complete due diligence by February 28, 2013; a payment of AUD 200,000 cash payable on exercise of the option; and a further payment of AUD 350,000 cash, AUD 200,000 in shares in Impact and AUD 200,000 in shares in Invictus within 16 weeks of the exercise of the option. 

Company Quote

-0.0020 -5.13%
30 Jul 2014