Brief: Golden Matrix Enters To Acquire Controlling Interest In Australian-Based Classics For A Cause

Meridian Holdings

20/08/2024 13:25

Aug 20 (Reuters) - Golden Matrix Group Inc  GMGI.O :
    * GOLDEN MATRIX ENTERS INTO DEFINITIVE AGREEMENT TO ACQUIRE
A
CONTROLLING INTEREST IN AUSTRALIAN-BASED CLASSICS FOR A CAUSE
    * GOLDEN MATRIX GROUP INC - ACQUIRES 80% CONTROLLING
INTEREST IN
CFAC
    * GOLDEN MATRIX GROUP: TO ACQUIRE 80% STAKE IN ENTITY OWNING
CFAC
FOR PURCHASE PRICE OF ABOUT $8.4 MILLION INCLUSIVE OF EARNOUT
COMPONENT
    * GOLDEN MATRIX GROUP: UNDER DEAL, WILL INHERIT CALL OPTION
TO
ACQUIRE REMAINING 20% MINORITY INTEREST IN CFAC

Source text for Eikon:  ID:nGNX4LBdZV 
Further company coverage:  GMGI.O 

 ((Reuters.Briefs@thomsonreuters.com;))