Brief: Kingwest Resources And Brightstar Resources Agrees Revised Consideration For Proposed Merger

Brightstar Resources

15/03/2023 01:17

March 15 (Reuters) - Kingwest Resources Ltd  KWR.AX :
    * KINGWEST RESOURCES AND BRIGHTSTAR RESOURCES HAVE AGREED TO
REVISED CONSIDERATION FOR PROPOSED MERGER
    * KINGWEST BOARD UNANIMOUSLY RECOMMENDS REVISED SCHEME
    * KINGWEST SHAREHOLDERS TO RECEIVE 1 BRIGHTSTAR SHARE FOR
EVERY
0.38 SHARES
    * UPON IMPLEMENTATION OF SCHEME, KINGWEST SHAREHOLDERS WILL
HOLD
ABOUT 47% OF MERGED GROUP

Source text for Eikon:  ID:nASX5XhpWL 
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