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Southern Arc Minerals Inc V.SA.H

Alternate Symbol(s):  SARMF

Southern Arc Minerals Inc. is a Canada-based investment vehicle considering potential opportunities in all industries. The Company has not generated revenue from its operations.


TSXV:SA.H - Post by User

Bullboard Posts
Comment by Theodison Jan 07, 2008 11:26am
143 Views
Post# 14161208

RE: China''''s Jiangxi Copper...

RE: China''''s Jiangxi Copper...Because of things like this? Quick Facts 1/7/2008 9:09:37 AM [TYS.V] Tyler Resources (TYS.V) announced that it has entered into a definitive support deal with Jinchuan Group Ltd. The company noted that under the deal, Jinchuan would buy all of the issued and outstanding common shares on a fully diluted basis of it for C$1.60 per Share in cash. The company noted that the offer values it at about C$214 million on a fully diluted basis. Tyler has decided to pay Jinchuan a termination fee of C$7.27 million or about 3.4% of the deal value. The company stated that the deal is to be effected by way of a takeover bid and the full details of the offer would be included in a formal offer and take-over bid circular, which is expected to be mailed to shareholders in early February 2008. The company expects the deal to complete in mid March 2008.
Bullboard Posts