Brief: Orbit Garant to acquire Captagua mining services in Chile

Orbit Garant Drilling

30/12/2015 17:57

Dec 30 (Reuters) - Forage Orbit Garant Inc  OGD.TO : 
 * Orbit Garant to acquire Captagua Mining Services in Chile 
 * Initial purchase price of shares of $1.077 billion chilean pesos ("clp") 
   (approximately CAD$2.1 million) 
 * Purchase price satisfied by the issuance of 1.8 million common shares of 
   orbit garant 
 * Says Captagua's senior management team and employees will remain in place 
 * Acquired 100% of Santiago, Chile-based Captagua ingeniería s.a. from Nalac 
   s.a. and Inmobiliaria y constructora lo barnechea s.a. 
 
 * Source text for Eikon  urn:newsml:reuters.com:*:nCNWQfSgla 
 
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