SPQ 0.00% 0.7¢ superior resources limited

March 12 (Reuters) - Berkut Minerals Ltd (BMT) : PETER BOWLER...

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    March 12 (Reuters) - Berkut Minerals Ltd (BMT) :

    • PETER BOWLER WILL BE APPOINTED AS NON-EXECUTIVE CHAIRMAN AND ROB WATKINS APPOINTED AS MANAGING DIRECTOR
    • COMMITMENTS RECEIVED TO RAISE $1.6M THROUGH AN EQUITY PLACEMENT OF 20.5M SHARES AT 7.8 CENTS
    • CURRENT MANAGING DIRECTOR, NEIL INWOOD & CHAIRMAN JUSTIN TREMAIN WILL REMAIN AS NON-EXECUTIVE DIRECTORS
    • ENTERED BINDING HEADS OF AGREEMENTS WITH SYNDICATED METALS, SUPERIOR RESOURCES, DIATREME RESOURCES AND CARNABY RESOURCES TO BUY MINES
    • TOTAL CONSIDERATION FOR ACQUISITION WILL BE 21.1M SHARES TO VENDORS

    Source text (http//bit.ly/2J3bbrl)

    (([email protected];))

 
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