Brief: Aeris Resources Says Aeris To Acquire Round Oak Minerals

Aeris Resources

28/04/2022 02:47

April 28 (Reuters) - Aeris Resources:
    * AERIS TO ACQUIRE ROUND OAK MINERALS
    * TO ACQUIRE ROUND OAK MINERALS FROM WASHINGTON H. SOUL
PATTINSON
(WHSP) FOR A$234 MILLION
    * DEAL FOR PURCHASE CONSIDERATION OF A$234 MILLION
    * DEAL INCREASES AERIS' FY23 COPPER EQUIVALENT PRODUCTION BY
81%
TO 63KT
    * POST DEAL & EQUITY RAISE, ESTIMATED WHSP WILL HOLD ABOUT
30.3%
OF REGISTER
    * ACQUISITION TO BE FUNDED THROUGH A$117.1M FULLY
UNDERWRITTEN
EQUITY RAISING
    * ISSUE PRICE OF A$0.105 PER SHARE FOR BOTH PLACEMENT AND
ENTITLEMENT OFFER

Source text for Eikon:  ID:nASX8hhpjs 
Further company coverage:  AIS.AX 

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