Brief: Peat Resources Announces Proposed Acquisition Of Belair African Metals SARL

Noble Mineral Exploration

20/12/2017 14:42

Dec 20 (Reuters) - Peat Resources Ltd  PET.V : 
    * PEAT RESOURCES LIMITED ANNOUNCES PROPOSED ACQUISITION OF 
BELAIR 
AFRICAN METALS SARL, PRIVATE PLACEMENT, DEBT CONVERSION, 
APPOINTMENT OF NEW DIRECTORS AND LAUNCHES CONFLICT-FREE COBALT 
PROJECT 
    * PEAT RESOURCES - TO ACQUIRE ALL SHARES OF BELAIR AFRICAN 
METALS 
FROM BELAIR MANIEMA FOR ISSUANCE OF 15 MILLION SHARES OF CO TO 
BELAIR MANIEMA 
    * PEAT RESOURCES - INTENDS TO PROCEED WITH PROPOSED JV WITH 
NOBLE 
MINERAL EXPLORATION WITH RESPECT TO AN EXPLORATION PROGRAM IN 
DARGAVEL TOWNSHIP 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nCCNCKm2la 
Further company coverage:  PET.V  
 
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