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BRIEF-Nord Gold intends to offer to acquire Northquest

Published 2015-12-15, 08:22 a/m
© Reuters.  BRIEF-Nord Gold intends to offer to acquire Northquest

Dec 15 (Reuters) - Nord Gold NV RTSD.F :
* Nord gold n.v.- intend to make an offer to acquire all of the outstanding
common shares of Northquest Ltd
* Nord gold n.v.- offer values Northquest at approximately CAD$26.9 million
(approximately US$20 million) on an undiluted basis
* Nord gold n.v.- offer for a price of CAD$0.253 in cash per common share
* Nord gold n.v.- offer, which may be made by affiliate of nordgold, will be
financed through nordgold's existing cash reserves
* Source text for Eikon ID:nCNWbQ24pa
* Further company coverage RTSD.F

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