Brief: Anaconda Mining says to acquire all of issued and outstanding common shares of Orex

Signal Gold

03/03/2017 12:02

March 3 (Reuters) - Anaconda Mining Inc  ANX.TO  
    * Anaconda Mining - to acquire all of issued and outstanding 
common shares of Orex 
    * Anaconda Mining - consideration to be received by 
shareholders of Orex consists of 0.85 of common share of 
Anaconda for each common share of Orex 
    * Says following completion of arrangement, Orex will be a 
wholly owned subsidiary of Anaconda 
    * Anaconda Mining - existing Anaconda, Orex shareholders 
will own about 54.9% and 45.1% of combined company, 
respectively, on a non-diluted basis 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nCNWdjPzTa 
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