BRIEF-Kazax Minerals controlling shareholders to buy all shares of Kazax Minerals
Aug 10 (Reuters) - Kazax Minerals Inc :
* Controlling shareholders to acquire all outstanding shares of Kazax minerals in a going-private transaction
* Control group controls an aggregate of 169.3 million Kazax shares, and holds an aggregate of us$60.1 million of debt owed by Kazax
* Newco intends to acquire 48.8 million shares of Kazax that Control Group do not already own or control, for $0.01 per share
* Agreement with 1069411 B.C. Ltd. ("Newco") whereby Newco has agreed to buy all of shares of Kazax that it does not already own Source text for Eikon: Further company coverage:
© Thomson Reuters 2016 All rights reserved.