BRIEF-Cyprus River to sell 94.7 mln shares of Rio Novo Gold

Thu Jul 21, 2016 4:57pm EDT
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July 21 (Reuters) - Cyprus River Holdings :

* Entered into agreement to sell 94.7 million shares of Rio Novo Gold to Northwestern Enterprises Ltd

* 94.7 million Rio Novo shares will be sold in a private transaction at a price of $0.092 per share on or before august 22, 2016

* Assuming completion of sale of all of shares, co will no longer own or have control or direction over any Rio Novo shares Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)