Brief: Mighty Craft Entered Into Agreement With Pure Asset Management Pty
16/05/2024 01:56
May 16 (Reuters) - Mighty Craft Ltd MCL.AX :
* ENTERED INTO AGREEMENT WITH PURE ASSET MANAGEMENT PTY
* DEAL TO BUY OUT ROYALTY WITH PURE FOR PORTION OF MIGHTY
CRAFT'S
SHAREHOLDING IN BETTER BEER HOLDINGS
* UNDER DEAL, MIGHTY CRAFT AGREED TO SELL 7.5% OF SHARES IN
BETTER
BEER TO PURE ASSET MANAGEMENT
* AGREED TO SELL BETTER BEER SHARES FOR BUYOUT PRICE OF
A$6.1
MILLION UNDER ROYALTY DEED
Further company coverage: MCL.AX
((Reuters.Briefs@thomsonreuters.com;))
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