Brief: VDM Group Executes Agreement To Buy 55% Of Cage Bengo Project

VDM

13/08/2019 08:01

Aug 13 (Reuters) - VDM Group Ltd  VMG.AX :
    * EXECUTES AGREEMENT TO ACQUIRE 55% OF CAGE BENGO PROJECT
    * ENTERED MINING INVESTMENT CONTRACT FOR EXCLUSIVE RIGHTS TO
EXPLORE FOR GOLD/MINERALS AT CAGE BENGO PROJECT IN ANGOLA
    * IN RETURN FOR ACQUIRING 55.25% STAKE IN PROJECT, VDM WILL
ISSUE
TO SEABANK 650 MILLION VDM SHARES.

Source text for Eikon:  ID:nASX2J1bZt 
Further company coverage:  VMG.AX 

 ((Reuters.Briefs@thomsonreuters.com;))