Brief: Argentex enters into definitive agreement with Austral Gold

ATEX Resources

03/02/2016 13:00

Feb 3 (Reuters) - Argentex Mining Corp  ATX.V : 
 * Enters into definitive agreement with Austral Gold 
 * Says Austral Gold Ltd agreed to acquire all common shares of Argentex in 
   exchange for ordinary shares of Austral Gold 
 * Says Argentex will become a wholly-owned subsidiary of Austral Gold 
 * Austral Gold offer has an implied valuation of about $c0.085 for each 
   Argentex share 
 * All of the directors and officers of Argentex, other than Wayne hubert, will 
   resign 
 * Upon completion of deal, co intends to de-list from the tsx-v 
 
* Source text for Eikon  ID:nCCNb1XqyW  
 
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