Analyst Research

Report Title Price
Provider: Reuters Investment Profile
$20.00
Provider: Thomson Reuters Stock Report
$25.00
Provider: Directors Deals Ltd.
$12.00
Provider: Wright Reports
$75.00

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.

Stonewall Resources Ltd Enters Into Conditional Agreement For Sale Of Stonewall Mining Pty Ltd To Shandong Qixing Iron Tower Co. Ltd.


Monday, 6 May 2013 08:07pm EDT 

Stonewall Resources Ltd announced that it has entered into a conditional agreement with Shandong Qixing Iron Tower Co. Ltd (Shandong) (002359.SZ) regarding the potential sale of Stonewall Mining Pty Ltd, a subsidiary of Stonewall, to Shandong. The conditional agreement is the result of discussions between Stonewall and Shandong to allow Shandong to undertake due diligence as a precursor to the potential sale of Stonewall Mining to Shandong. The conditional agreement provides that Shandong is prepared to pay an indicative price of USD 140 million or above for Stonewall Mining. The final pricing will be subject to a number of matters including the completion of valuation scenarios, due diligence investigations and the approval of the Stonewall Board. 

Company Quote

0.52
0.0050 +0.97%
21 Nov 2014