Lion One Metals Ltd: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
Provider: Directors Deals Ltd.
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Lion One Metals Ltd Announces Amended Merger Implementation Agreement With Avocet Resources Ltd
Lion One Metals Ltd announced that the Company has agreed to amend and restate its Merger Implementation Agreement (MIA) with Avocet Resources Ltd (Avocet) of Perth, Australia. The MIA, announced on Dec. 21, 2012, proposed that Lion One will acquire all of the issued shares in Avocet by way of Scheme of Arrangement, such that eligible Avocet shareholders will receive one (1) new share in the Company for every 9.5 shares in Avocet. Avocet and Lion One have agreed to amend the MIA to enable eligible Avocet shareholders to receive new Lion One shares in the form of CHESS Depository Interests (CDI). New Lion One CDI's will be listed and freely tradable on the Australian Securities Exchange (ASX), with each CDI representing a beneficial ownership interest in one (1) common share of the Company, and have materially the same rights as common shares of the Company.
Latest Developments for Lion One Metals Ltd
- Lion One Metals Ltd announces step down of president
- Lion One Metals Ltd Announces Change of Auditor
- Lion One Metals Ltd and Avocet Resources Ltd Announces Merger Approved
- Avocet Resources Ltd Announces Scheme Of Arrangement With Shareholders For Proposed Merger With Lion One Metals Limited Becomes Effective
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