Brief: Talon Energy Says Binding Heads Of Agreement Executed With TMK Energy
11/10/2023 02:03
Oct 11 (Reuters) - Talon Energy Ltd TPD.AX :
* BINDING HEADS OF AGREEMENT EXECUTED WITH TMK ENERGY TO
CONSOLIDATE OWNERSHIP OF GURVANTES XXXV PROJECT TO TMK
* DEAL FOR GROSS CONSIDERATION FOR TALON'S EARNED RIGHTS IS
UP TO
1.10 BILLION SHARES IN TMK AND UP TO 550MLN LISTED OPTIONS IN
TMK
* BOARD OF DIRECTORS UNANIMOUSLY RECOMMENDS CO SHAREHOLDERS
VOTE
IN FAVOUR OF PROPOSED TRANSACTION WITH TMK
Source text for Eikon: ID:nASX2HfYQc
Further company coverage: TPD.AX
((Reuters.Briefs@thomsonreuters.com;))
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