BRIEF-Fairmont signs agreement to acquire stone producer Granitos de Badajoz

Mon Mar 21, 2016 3:45pm EDT
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March 21 (Reuters) - Fairmont Resources Inc

* Total acquisition cost of eur4.275 million

* Plans to finance acquisition of grabasa assets through debt and equity financing

* Signed an agreement to acquire former assets of granitos de badajoz s.a. From a spanish court appointed receiver

* Eureka has paid a deposit of eur60,000 on behalf of fairmont resources to secure transaction

* Fairmont signs agreement to acquire major dimension stone producer Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)