Brief: Sierra Metals' Largest Shareholder And Compañia Minera Kolpa Announce LoI For Sierra Metals Transaction & Financing
28/10/2022 05:53
Oct 28 (Reuters) -
* SIERRA METALS' LARGEST SHAREHOLDER AND COMPAÑIA MINERA
KOLPA
ANNOUNCE LETTER OF INTENT FOR SIERRA METALS TRANSACTION AND
FINANCING
* KOLPA - FINANCING WILL BE PROVIDED BY A STRATEGIC
INVESTMENT
FIRM THAT IS NOT AN AFFILIATE OF KOLPA OR ITS SHAREHOLDERS
* KOLPA - PROPOSED STRATEGIC TRANSACTION WOULD ENTAIL THE
OPERATIONAL MERGER OF KOLPA AND SIERRA ASSETS IN PERU
* KOLPA - MERGER OF KOLPA, SIERRA ASSETS, FOLLOWING BUSINESS
COMBINATION TRANSACTION THAT WILL RESULT IN SIERRA OWNING ALL OF
SHARES OR ASSETS OF KOLPA
Source text for Eikon: ID:nCNWg9fm2a
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Sierra Metals
See all newsBrief: Alpayana Intends To Acquire At C$1.15 Per Share All Sierra Shares Tendered To Revised Offer
Brief: Sierra Metals Acknowledges Receipt Of Amended Bid
Brief: Sierra Metals And Alpayana Reach Agreement In Principle For C$1.15 All-Cash Supported Take-Over Bid And Extends Offer
Brief: Sierra Metals Reiterates Recommendation To Take No Action As Alpayana Amends Hostile Bid
Brief: Sierra Metals Board of Directors Rejects Alpayana’s Hostile Bid