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BRIEF-Jasper Mining Corp announces letter of intent for reverse take-over

Published 2016-06-02, 01:34 p/m
Updated 2016-06-02, 01:40 p/m
© Reuters.  BRIEF-Jasper Mining Corp announces letter of intent for reverse take-over

June 2 (Reuters) - Jasper Mining Corp JSP.V :
* Jasper Mining Corporation announces letter of intent for
reverse take-over
* Tacitus' chairman, Gareth Roberts, will take over as
Jasper's new chairman following closing of transaction
* Deal may involve private placement offering of shares in
capital of Jasper at $0.3482 for proceeds of up to $3 million
* For purposes of transaction, company will have a deemed
value of approximately $4 million
* Shareholders of each of Tacitus, Delfan will get Jasper
shares, at $0.3482/Jasper share in exchange for each Tacitus and
Delfan share

Source text for Eikon: ID:nCNWJVz2ja
Further company coverage: JSP.V

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