BRIEF-Flinders Resources to buy Tasman Metals

Tue Jun 21, 2016 9:10am EDT
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June 21 (Reuters) - Tasman Metals Ltd, Flinders Resources Limited :

* Tasman and Flinders sign definitive arrangement agreement

* Tasman Metals says under arrangement, Tasman shareholders will receive 0.5 of a flinders common share for each Tasman share.

* Says upon completion of arrangement, current management team of flinders will manage affairs of resulting issuer

* Flinders will acquire through a statutory plan of arrangement all of outstanding shares of Tasman Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)