Brief: Corex Announces Agreement To Be Acquired By Saturn Oil & Gas Inc.

Saturn Oil & Gas

Mon 12:29

Oct 19 (Reuters) - Saturn Oil & Gas Inc SOIL.TO:
COREX ANNOUNCES AGREEMENT TO BE ACQUIRED BY SATURN OIL & GAS INC.
COREX RESOURCES: SATURN WILL ACQUIRE ALL OF ISSUED AND OUTSTANDING COREX SHARES AT A PRICE OF $6.31 PER COREX SHARE
COREX RESOURCES: PROPOSED DEAL FOR  C$302 MILLION
COREX RESOURCES: AGREEMENT ALSO PROVIDES FOR A TERMINATION FEE OF $15 MILLION PAYABLE BY COREX TO SATURN IN CERTAIN CIRCUMSTANCES
COREX RESOURCES: AGREEMENT ALSO PROVIDES  RECIPROCAL $15 MILLION FEE PAYABLE BY SATURN TO COREX IN CERTAIN CIRCUMSTANCES
Source text: ID:nCNWjLS3Na
Further company coverage: SOIL.TO

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