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Impact Minerals Ltd announces implementation merger with Invictus Gold Ltd

Monday, 6 Jan 2014 02:11am EST 

Impact Minerals Ltd:Says the implementation of the merger between Impact and Invictus Gold Limited (Invictus) by way of schemes of arrangement (Schemes) will take effect as of Jan. 06.Says holding statements for the new Impact shares and options will be despatched on Jan. 06 and the new Impact shares and options will begin trading on ASX on a normal settlement basis on Jan. 07.Says all Invictus shares have been transferred to Impact in exchange for five new Impact shares for every four Invictus shares held.Says all listed Invictus options have also been cancelled in conjunction with the issue of one new Impact option for every one Invictus option held.Says the Scheme consideration, comprising new Impact shares and options, has been issued to Invictus Security Holders on Jan. 06. 

Company Quote

2 Sep 2015