BRIEF-IMIC agrees $200 mln deal for Afferro

Mon Jun 24, 2013 2:19am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

LONDON, June 24 (Reuters) - Afferro Mining Inc : * Recommended agreement for imic to acquire Afferro * Definitive arrangement agreement signed between imic and Afferro for the

proposed acquisition * Acquisition values the fully diluted share capital of Afferro at

approximately US$200 million * Acquisition price per Afferro share of 120P per share * Afferro/imic deal pursuant to a Canadian court-approved plan of arrangement