Brief: Laneway Resources To Acquire Masterson Minerals For A$17M In Cash And Laneway Shares
Feb 7 (Reuters) - Laneway Resources Ltd LNY.AX :
* TO ACQUIRE MASTERSON MINERALS FOR A$17M IN CASH AND
LANEWAY
SHARES
* EXPECTATION IS THAT DEBT FUNDING WILL COVER UPFRONT
ACQUISITION
* ACQUISITION CONSIDERATION IS APPROXIMATELY A$17 MILLION
PAYABLE
IN STAGES
Source text for Eikon: urn:newsml:reuters.com:*:nASX4HcDv0
Further company coverage: LNY.AX
((Reuters.Briefs@thomsonreuters.com;))
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