Brief: Evolution Mining Acquires QIC's 13.7% Stake In Carnaby Resources
BRIEF-Evolution Mining Acquires QIC's 13.7% Stake In Carnaby Resources Aug 28 (Reuters) - Evolution Mining Limited EVN.AX:
EVOLUTION ACQUIRES QIC'S 13.7% STAKE IN CARNABY RESOURCES
ACQUIRES QIC'S 13.7% STAKE IN CARNABY RESOURCES
CARNABY SHAREHOLDERS TO RECEIVE 0.0682 NEW EVOLUTION SHARES PER CARNABY SHARE
ISSUES 2.6 MILLION NEW SHARES TO QCMF FOR 37.9 MILLION CARNABY SHARES
NOW LARGEST SHAREHOLDER IN CARNABY WITH 13.7% STAKE
CARNABY BOARD UNANIMOUSLY RECOMMENDS SCHEME; DIRECTORS REPRESENTING 7.3% TO VOTE IN FAVOUR
Further company coverage: EVN.AX
((Reuters.Briefs@thomsonreuters.com;))
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