Brief: Westgold Resources To Sell Higginsville Gold Operations To RNC Minerals
March 26 (Reuters) - Westgold Resources Ltd WGX.AX :
* WESTGOLD TO SELL HIGGINSVILLE GOLD OPERATIONS TO RNC
MINERALS
* DEAL FOR $25 MILLION IN CASH AND $25 MILLION IN RNC SHARES
* REACHED AN AGREEMENT TO DIVEST ITS HIGGINSVILLE GOLD
OPERATIONS
TO RNC MINERALS
* PROPOSED TRANSACTION IS SUBJECT TO FIRB AND TORONTO STOCK
EXCHANGE APPROVAL IF REQUIRED
Source text: (https://bit.ly/2UUMjDL)
Further company coverage: WGX.AX
(Reuters.Briefs@thomsonreuters.com)
Recent news on Karora Resources
See all newsBrief: Karora Resources Says Proxy Advisory Firm ISS Recommends Karora Resources Shareholders Approve The Proposed Arrangement With Westgold Resources
Brief: Karora Resources Files Management Information Circular In Connection With Proposed Arrangement
Brief: Karora Extends Fletcher Gold Zone To 800 Metres Of Strike Including Drilling Results Of 17.3 G/T Over 14.5 Metres And Clusters Of Fine Visible Gold Mineralization
Canada Research Roundup: BCE, Franco-Nevada, Thomson Reuters
Deals of the day-Mergers and acquisitions