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Whitestar Resources Ltd signs definitive agreements to acquire Spookfish Pty Ltd


Wednesday, 16 Jul 2014 08:00pm EDT 

Whitestar Resources Ltd:Says that a definitive agreements have been signed for an option to acquire Spookfish Pty Ltd.Says it has an option to acquire Spookfish within the next nine months or completion of the enhancement and testing of the first phase technology demonstrator.Says the option period has commenced following execution of formal binding agreements and payment of a $250,000 non refundable option fee.Says the company may exercise the Option to acquire Spookfish and Geospatial Investments at any time at its discretion during the Option Period for the following consideration, subject to shareholder and regulatory approvals.However the varied terms of the Milestone Shares will also be separately confirmed. 

Company Quote

0.035
-0.0010 -2.78%
23 Oct 2014