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BRIEF-Argentex enters into definitive agreement with Austral Gold

Published 2016-02-03, 08:43 a/m
© Reuters.  BRIEF-Argentex enters into definitive agreement with Austral Gold
EAT3
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Feb 3 (Reuters) - Argentex Mining Corp ATX.V :
* Enters into definitive agreement with Austral Gold
* Says Austral Gold Ltd agreed to acquire all common shares of Argentex in
exchange for ordinary shares of Austral Gold
* Says Argentex will become a wholly-owned subsidiary of Austral Gold
* Austral Gold offer has an implied valuation of about $c0.085 for each
Argentex share
* All of the directors and officers of Argentex, other than Wayne hubert, will
resign
* Upon completion of deal, co intends to de-list from the tsx-v

* Source text for Eikon ID:nCCNb1XqyW

* Further company coverage ATX.V

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