July 5 (Reuters) - Paget Minerals Corp PGSh.V :
* PAGET MINERALS CORP. ENTERS INTO AMALGAMATION AGREEMENT WITH ASCENT INDUSTRIES CORP.
* PAGET MINERALS CORP - PAGET AND ASCENT WILL AMALGAMATE TO FORM A NEW COMPANY WHICH WILL OPERATE UNDER NAME "ASCENT INDUSTRIES CORP
* PAGET MINERALS - PRIOR TO COMPLETION, PAGET WILL CONSOLIDATE SHARES ON BASIS OF 1 POST-CONSOLIDATION PAGET SHARE FOR EVERY 6 PRE-CONSOLIDATION SHARES
* PAGET MINERALS - HOLDERS OF PAGET SHARES ARE EXPECTED TO OWN APPROXIMATELY 2.7% OF RESULTING ISSUER SHARES
* PAGET MINERALS -CO'S SHAREHOLDERS TO OWN ABOUT 2.7% OF RESULTING ISSUER SHARES, ASCENT SHAREHOLDERS TO OWN ABOUT 97.3% OF RESULTING ISSUER SHARES