Brief: Metals Exploration Proposes To Buy Condor For 90.1 Mln Stg

Condor Gold

02/12/2024 11:37

Dec 2 (Reuters) - Metals Exploration PLC  MTL.L :
    * METALS EXPLORATION  - FURTHER STATEMENT RE: POSSIBLE OFFER
FOR
CONDOR
    * METALS EXPLORATION PLC - CONDOR SHAREHOLDERS TO RECEIVE
4.0526
MTL SHARES AND 9.9P CASH PER SHARE
    * METALS EXPLORATION PLC - FIXED CONSIDERATION VALUES CONDOR
AT
£67.5 MILLION, 33.0P PER SHARE
    * METALS EXPLORATION PLC - CONDOR SHAREHOLDERS TO RECEIVE
ONE CVR
PER SHARE FOR ADDITIONAL GOLD DISCOVERIES
    * METALS EXPLORATION PLC - TOTAL CONSIDERATION AMOUNTS TO
£90.1
MILLION, 44.1P PER CONDOR SHARE

Source text:  ID:nRSB4338Oa 
Further company coverage:  MTL.L 

 ((Reuters.Briefs@thomsonreuters.com;))