Brief: Gowest to acquire 50 pct interest in Redstone Mill

Gowest Gold

23/01/2017 13:10

Jan 23 (Reuters) - Gowest Gold Ltd  GWA.V : 
    * Gowest to acquire 50 pct ownership interest in redstone 
mill 
    * Gowest Gold Ltd - first installment of purchase price 
having an aggregate value equal to $5.75 million 
    * Gowest Gold Ltd - for purposes of transaction, proposed 
deemed value per unit will be $0.15 
    * Gowest Gold Ltd - second installment of purchase price 
having an aggregate value equal to $5.75 million 
    * Upon completion of proposed transaction, each of parties 
will hold a 50 pct interest in JVCO 
 
Source text for Eikon:  ID:nMKWLvxC9a  
Further company coverage:  GWA.V  
 
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