Brief: Hammer Metals To Sell 70% Of MT Hope Sub Blocks To Carnaby For A$20M
April 2 (Reuters) - Hammer Metals Ltd HMX.AX :
* TO SELL 70% OF MT HOPE SUB BLOCKS TO CARNABY FOR A$20M
* TO RETAIN 30% EQUITY AND TO BE FREE-CARRIED BY CARNABY TO
FROM
THREE SUB-BLOCKS
Further company coverage: HMX.AX
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Hammer Metals
See all newsBrief: Austral Resources Says Court Approves Hammer Metals To Convene Shareholder Meeting
Brief: Austral Resources Australia Executes Scheme Implementation Deed To Acquire Hammer Metals
Brief: Larvotto Resources Says Will Not Submit Counterproposal To Match Austral Proposal For Hammer
Australia's Hammer Metals rises on Austral takeover proposal
Australia's Hammer Metals rises on buyout proposal from Austral Resources