Brief: Jasper Mining Corp announces letter of intent for reverse take-over

Tuktu Resources

02/06/2016 18:23

June 2 (Reuters) - Jasper Mining Corp  JSP.V : 
    * Jasper Mining Corporation announces letter of intent for 
reverse take-over 
    * Tacitus' chairman, Gareth Roberts, will take over as 
Jasper's new chairman following closing of transaction 
    * Deal may involve private placement offering of shares in 
capital of Jasper at $0.3482 for proceeds of up to $3 million 
    * For purposes of transaction, company will have a deemed 
value of approximately $4 million 
    * Shareholders of each of Tacitus, Delfan will get Jasper 
shares, at $0.3482/Jasper share in exchange for each Tacitus and 
Delfan share 
 
Source text for Eikon:  ID:nCNWJVz2ja  
Further company coverage:  JSP.V  
 
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