April 27, 2017 / 12:20 PM / in 7 months

BRIEF-Solitario Exploration & Royalty to acquire Zazu Metals

April 27 (Reuters) - Solitario Exploration & Royalty Corp :

* Solitario Exploration & Royalty to acquire Zazu Metals in friendly transaction

* Solitario Exploration & Royalty Corp -holders of Zazu shares will receive, on closing, 0.3572 of a common share of co in exchange for each Zazu share held

* Solitario Exploration & Royalty - upon completion of arrangement, Zazu will be entitled to nominate 2 directors to be appointed to board of Solitario Source text for Eikon: Further company coverage:

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