BRIEF-Africo Resources agrees to sell itself to Camrose Resources

Fri May 13, 2016 9:41am EDT
 
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May 13 (Reuters) - Africo Resources Ltd

* Deal for $1.00 per share

* $1.00 per share

* Additional amount, if paid, would be equal to approximately USD $0.27 per share

* Africo Resources Ltd. enters into definitive agreement with Camrose Resources Limited for going private transaction

* Holders of company's common shares and options may also receive an additional aggregate amount of USD $7.5 million Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)