Brief: A-Cap Energy Refers To Proposed Scheme Under Which Lotus Resources Would Buy Co

A-Cap Energy

13/10/2023 11:28

Oct 13 (Reuters) - A-Cap Energy Ltd  ACB.AX :
    * REFERS TO PROPOSED SCHEME UNDER WHICH LOTUS RESOURCES
WOULD
ACQUIRE 100% OF A-CAP'S ISSUED SHARES AND LISTED OPTIONS
    * WRITTEN CONFIRMATION RECEIVED FROM MINISTER OF MINERALS
AND
ENERGY OF REPUBLIC OF BOTSWANA
    * WRITTEN CONFIRMATION RECEIVED FROM COMPETITION & CONSUMER
AUTHORITY OF BOTSWANA
    * CONDITION PRECEDENT TO SHARE SCHEME ON RECEIPT OF BOTSWANA
REGULATORY APPROVALS HAS BEEN SATISFIED
    * MINISTER HAS NO OBJECTION TO INTENDED CHANGE IN
SHAREHOLDING OF
HOLDER OF PROSPECTING LICENCE OR MINING LICENCE
    * COMPETITION & CONSUMER AUTHORITY HAS UNCONDITIONALLY
APPROVED
PROPOSED ACQUISITION OF ENTIRE SHARE CAPITAL OF A-CAP BY LOTUS

Source text for Eikon:  ID:nASX6VdX3l 
Further company coverage:  ACB.AX 

 ((Reuters.Briefs@thomsonreuters.com;))