Brief: Errawarra Resources Says To Buy 80% Of Fully Paid Ordinary Shares In Western Exploration Pty
Nov 23 (Reuters) - Errawarra Resources Ltd ERW.AX :
* TO ACQUIRE 80% OF FULLY PAID ORDINARY SHARES IN WESTERN
EXPLORATION PTY LTD
* RECEIVED BINDING COMMITMENTS TO RAISE A$1.2 MILLION
(BEFORE
COSTS) AT $0.22 PER SHARE VIA A SHARE PLACEMENT
* ON COMPLETION OF ACQUISITION, ERRAWARRA WILL ISSUE 15
MILLION
SHARES & 7.5 MILLION OPTIONS
Source text for Eikon: ID:nASX200JXp
Further company coverage: ERW.AX
((Reuters.Briefs@thomsonreuters.com;))
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