May 11 (Reuters) - San Angelo Oil Ltd SAOh.V :
* San Angelo Oil Limited enters into business combination agreement with Cabral Gold Ltd
* San Angelo Oil Ltd - Cabral Gold Ltd has a 100pct interest in Cuiú Cuiú Gold deposit which is located in Tapajos region of Brazil
* San Angelo Oil Ltd - San Angelo will issue approximately 22.8 million post-consolidation common shares to shareholders of Cabral
* San Angelo Oil Ltd- under deal cabral will amalgamate with newly-incorporated wholly-owned subsidiary of san angelo to form Cabral Gold B.C. Inc
* San Angelo Oil Ltd - San Angelo proposes to complete a 1:5 consolidation of its common shares concurrently with deal closing
* San Angelo Oil - pursuant to amalgamation shareholders of cabral will receive 0.18 of 1 post-consolidation share of co for each 1 share of Cabral held Source text for Eikon: ID:nCCN4tlnw8 Further company coverage: SAOh.V