September 21, 2016 / 9:27 PM / in a year

BRIEF-Orsu Metals announces exclusive and binding heads of agreement for a proposed acquisition in Russia

Sept 21 (Reuters) - Orsu Metals Corp

* Orsu Metals Corporation announces exclusive and binding heads of agreement for the proposed acquisition of the Sergeevskoe Gold Project in Russia

* Will issue 146.6 million new common shares in Orsu to sellers for acquisition of 30% of outstanding shares of Sibzoloto at deal closing

* At deal closing , sellers will own about 44.5% of enlarged share capital of Orsu Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below