Brief: Loncor Resources Says Entered Into Binding Term Sheet With Resolute Mining Limited
03/04/2018 20:35
April 3 (Reuters) - Loncor Resources Inc LN.TO :
* HAS ENTERED INTO BINDING TERM SHEET WITH RESOLUTE MINING
LIMITED
WHEREBY RESOLUTE WILL ACQUIRE A TOTAL OF 51 MILLION COMMON
SHARES OF CO
* WILL ISSUE 26 MILLION COMMON SHARES TO RESOLUTE MINING AT
CDN$0.10/SHARE
Source text for Eikon: ID:nEQ9tDyxra
Further company coverage: LN.TO
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