Feb 27 (Reuters) - Nzuri Copper Ltd (NZC) :
- ENTERED SCHEME IMPLEMENTATION DEED WITH CHENGTUN MINING GROUP UNIT FOR ACQUISITION OF NZURI
- DIRECTORS RECOMMEND PROPOSED TRANSACTION WITH ALL-CASH CONSIDERATION OF $0.37 CASH PER SHARE
- DIRECTORS OF NZURI UNANIMOUSLY RECOMMEND THAT NZURI SHAREHOLDERS VOTE IN FAVOUR OF SCHEME
- NZURI COPPER - CHENGTUN UNIT ALSO AGREED TO PROVIDE NZURI WITH INTERIM FUNDING BY WAY OF A SECURED LOAN, IN AMOUNT OF UP TO A$5 MILLION