CAS 0.00% 0.0¢ crusader resources limited

News: CAS Stratex International says proposed acquisition of Crusader Resources ltd

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    May 18 (Reuters) - Stratex International Plc STIL.L :

    • Signed a non-binding heads of agreement to acquire entire issued and to be issued share capital of Crusader Resources Ltd
    • Crusader shareholders to be entitled to receive 6.60 Stratex ordinary shares of 1 pence each for every Crusader share held
    • Board considers proposed transaction to be value accretive for both companies' shareholders
 
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Currently unlisted public company.

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