Brief: Optimum Ventures Ltd Announces Letter Of Intent With Blackwolf Copper And Gold Ltd

Optimum Ventures

20/06/2023 14:43

June 20 (Reuters) - Optimum Ventures Ltd  OPV.V :
    * OPTIMUM VENTURES LTD ANNOUNCES LETTER OF INTENT WITH
BLACKWOLF
COPPER AND GOLD LTD.
    * OPTIMUM VENTURES - PURSUANT TO DEAL BLACKWOLF WILL ACQUIRE
ALL
OF ISSUED AND OUTSTANDING SECURITIES OF COMPANY
    * OPTIMUM VENTURES - IN CONNECTION WITH DEAL, EACH OPTIMUM
SHAREHOLDER WILL RECEIVE 0.65 OF A COMMON SHARE OF BLACKWOLF FOR
EACH SHARE OF OPTIMUM HELD
    * OPTIMUM VENTURES LTD - EXISTING SHAREHOLDERS OF COMPANY
WILL BE
COLLECTIVELY OWNING ABOUT 26% OF OUTSTANDING SHARE CAPITAL OF
RESULTING COMPANY

Source text for Eikon:  ID:nGNX30WS82 
Further company coverage:  OPV.V 

 (Reuters.Briefs@thomsonreuters.com)