nochmal zu diesem artikel: http://www.mineweb.net/mineweb/view/mineweb/en/page674?oid=2… Red Rock reverse-lists its uranium assets Redrock hat die Uran Assets seiner Orion Exploration an Retail Star veräussert, hält nun selber an Retail Star dadurch demnächst 27 %. The transaction will initially leave Red Rock with 15.5p.c. of Retail Star's issued capital (at a price of 1.5 cents/share). However, on the completion and transfer of certain tenement titles, Red Rock will be issued further equity in the form of converting performance shares and options which will take the company's shareholding to 27p.c. As these tasks are mainly administrative, Red Rock expects to achieve the 27p.c. stake in a short period of time. RSL RETAIL STAR LIMITED http://stocknessmonster.com/news-history?S=RSL&E=ASX Retail Star Red Rock proposes selling Orion unit, certain Uranium assets for 1.5 mln aud LONDON (Thomson Financial) - Red Rock Resources PLC said it proposes to sell its wholly owned uranium exploration subsidiary Orion Exploration Pty Ltd and some uranium assets to Retail Star Ltd for 1.5 mln aud in cash. Red Rock, a mineral exploration and development company, said it will fund the deal by subscribing to 80 mln shares at an issue price of 1.5 cents each, taking its stake to 15.5 pct of the issued share capital of Retail Star. Red Rock said it will subscribe to 20 mln options with an exercise price of 2.5 cents each at an issue price of 1.0 cent each, adding that, it will also subscribe to 20 mln converting performance shares at an issue price of 0.5 cents. The company said it will get another 60 mln converting performance shares from Retail Star for transferring certain exploration licences in South Africa, held by it. Red Rock said Retail Star will hold at least 1.25 mln aud cash on completion of the transaction. It said Retail Star plans to raise a further 562,500 aud by placing 37.5 mln shares at 1.5 cents each to fund the further development of the tenements. TFN.newsdesk@thomson.com ssr/am |
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aus der Diskussion: | REGENCY MINES PLC - ja ist denn schon Weihnachten? |
Autor (Datum des Eintrages): | XIO (10.06.07 14:30:43) |
Beitrag: | 115 von 295 (ID:29772149) |
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