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SLX - Silex Systems News Story

A$0.34 -0.0  -8.1%

Last Trade - 13/12/19

Sector
Energy
Size
Micro Cap
Market Cap £30.4m
Enterprise Value £12.0m
Revenue £391k
Position in Universe 825th / 1836

BRIEF-Silex And Cameco Sign New Term Sheet With GE-Hitachi

Tue 5th February, 2019 10:08pm
Feb 6 (Reuters) - Silex Systems Ltd  SLX.AX :
    * SILEX AND CAMECO SIGN NEW TERM SHEET WITH GE-HITACHI
    * SILEX SYSTEMS -  TERM SHEET OUTLINES PURCHASE OF GEH'S 76%
STAKE
IN GE-HITACHI GLOBAL LASER ENRICHMENT LLC
    * UNDER TERM SHEET, CO TO BUY 51% STAKE IN GLE AND CAMECO TO
INCREASE ITS STAKE IN GLE FROM 24% TO 49%
    * TERM SHEET ALSO PROVIDES FOR A DEFERRED PURCHASE PRICE OF
US$20
MILLION PAYABLE TO GEH

Source text for Eikon:  ID:nASX4sWLk5 
Further company coverage:  SLX.AX 

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