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BRIEF-Deutsche Rohstoff: Almonty signs binding heads of agreement to sell Wolfram Camp Mine

Published 2016-04-26, 06:20 a/m
© Reuters.  BRIEF-Deutsche Rohstoff: Almonty signs binding heads of agreement to sell Wolfram Camp Mine
AII
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DR0G
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April 26 (Reuters) - Deutsche Rohstoff AG DR0G.DE :
* Almonty AII.V signs binding heads of agreement to sell
Wolfram Camp Mine
* Almonty to become strategic shareholder of ATC Alloys
Limited
* Proposed consideration for sale is 120 million fully paid
ordinary shares in ATC Alloys at a deemed issue price of AUD
0.05 per share
* Almonty will hold 53 pct of ATC Alloy's shares and will
further be entitled to appoint two members to board of company

Source text for Eikon: ID:nEQ8hXpCNa
Further company coverage: DR0G.DE

(Gdynia Newsroom)

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