Fortuna completes acquisition of Chesser, strengthening West African presence

  • 📰 MiningWeeklyAUS
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Canadian precious metals minerFortuna has closed the previously announced acquisition of gold exploration company Chesser Resources. Fortuna acquired 100% of the fully paid ordinary shares of Chesser in consideration for about 0.02 of one common share of Fortuna (each whole share) for each Chesser share held.

Canadian precious metals minerFortuna has closed the previously announced acquisition of gold exploration company Chesser Resources.

On closing, Fortuna issued 15 545 368 Fortuna shares in exchange for the Chesser shares, representing about 5.1% of the resulting issued and outstanding Fortuna shares on an undiluted basis.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 233. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines