Brief: Carnaby Resources To Be Acquired By Evolution Mining
BRIEF-Carnaby Resources To Be Acquired By Evolution Mining July 27 (Reuters) - Carnaby Resources Ltd CNB.AX:
CARNABY RESOURCES TO BE ACQUIRED BY EVOLUTION MINING
UNDER PROPOSED SCHEME SHAREHOLDERS TO GET CONSIDERATION OF DIRECTORS 0.0682 EVN SHARES PER CO SHARE
APPROXIMATE A$213 MILLION EQUITY VALUE
CARNABY SHAREHOLDERS TO RECEIVE CONSIDERATION OF 0.0682 EVOLUTION SHARES WITH AN IMPLIED VALUE OF A$0.772 PER CARNABY SHARE
CARNABY BOARD UNANIMOUSLY RECOMMENDS SCHEME
Further company coverage: CNB.AX
((Reuters.Briefs@thomsonreuters.com;))
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