Oct 10 (Reuters) - Torian Resources Ltd (TNR) :
- Torian resources - torian resources and cascade resources ltd (cascade) are pleased to announce signing of a takeover bid implementation deed
- Torian to acquire 100% of strategically important zuleika project
- Cascade shareholders will receive one (1) new torian share for every one (1) cascade share held
- Torian offer has been unanimously recommended by directors of cascade in absence of a superior offer
- Says offer values cascade at approximately about a$8.4 million