Brief: Generation Mining Enters Into Binding Agreement To Become 100% Owner Of Marathon Project
Dec 8 (Reuters) - Generation Mining Ltd GENM.TO :
* GENERATION MINING ENTERS INTO BINDING AGREEMENT TO BECOME
100%
OWNER OF MARATHON PROJECT
* GENERATION MINING LTD - PURSUANT TO AGREEMENT, UNIT GEN
SUBCO TO
ACQUIRE STILLWATER'S REMAINING 16.5% INTEREST IN MARATHON
PALLADIUM COPPER PROJECT
* GENERATION MINING - TO ACQUIRE REMAINING STAKE IN MARATHON
PROJECT THROUGH ISSUANCE OF 21.8 SHARES OF GEN MINING, AT $0.69
PER SHARE
Source text for Eikon: urn:newsml:reuters.com:*:nGNX307rXp
Further company coverage: GENM.TO
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