RE: george@regentresources.co.za7 Nov 2018 18:12
The Casa offer is due to close on 10 May 2018 and Premier has today accepted the Casa Offer. Premier currently owns 412,500 Casa shares representing approximately 4.5% of Casa's issued share capital and will therefore receive as consideration 6,128,822 new Arc Minerals shares ("Consideration Shares"), representing approximately 1.9 per cent. of the enlarged issued share capital of Arc Minerals. At the last closing Arc Minerals' mid-market price of 2.45p, the Consideration Shares would be valued at approximately £0.150 million.