Brief: Egdon Resources To Buy Aurora Production(UK)
Dec 20 (Reuters) - Egdon Resources PLC EGRE.L :
* ACQUISITION OF AURORA PRODUCTION (UK) LIMITED
* HAS SIGNED A CONDITIONAL AGREEMENT TO ACQUIRE ENTIRE
ISSUED
SHARE CAPITAL OF AURORA PRODUCTION (UK) LIMITED
* CONSIDERATION FOR ACQUISITION WILL BE ASSUMPTION BY EGDON
OF ALL
ONGOING LIABILITIES ON LICENCES
* AS PART OF TRANSACTION EGDON SHALL RECEIVE A CASH SUM FROM
VENDOR OF £0.288 MILLION
Source text for Eikon: ID:nRST2282Ka
Further company coverage: EGRE.L
((Reuters.Briefs@thomsonreuters.com;))