March 22 (Reuters) - Newcastle Gold Ltd NCA.V :
* Prior to completion of business combination, stock options
and warrants of catalyst will be exercised such that catalyst
will have not less than c$3.75 million cash amounts
* Newcastle gold and catalyst copper announce merger to
strengthen board and provide financial flexibility
* Newcastle will acquire all of outstanding common shares of
catalyst in exchange for common shares of newcastle
* Exchange ratio will be such that outstanding shares of
newcastle will be held 60%, by shareholders of newcastle and
40%, by shareholders of catalyst
Source text for Eikon: ID:nMKWhZD53a
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