Stavely Minerals Ord Shs T.SVY

Primary Symbol: STVMF

Metals & Mining Industrial Metals & Minerals

Stavely Minerals Limited is an Australia-based mineral exploration company. The Company is focused on the exploring for copper, gold and silver at the Stavely and Ararat Projects in western Victoria, and nickel, copper and cobalt at the Hawkstone Project in west Kimberley, in northern Western Australia. The Stavely Project, covering an area of approximately 1,000 square kilometers (km2) over the prospective Stavely Volcanic Belt in western Victoria, includes a 100% owned retention license RL2017, 100% owned exploration licenses EL6870, EL7347, EL7921, EL7922, EL7923 and EL7924 and the Black Range Joint Venture license EL5425. The Ararat Project comprises a retention license, RL2020, covering an area of approximately 26km2. The Ararat Project is located on part of the western margin of the Stawell-Bendigo Zone, which is part of the western Lachlan Fold Belt. Hawkstone Project covers an area of 1,100km2 over prospective stratigraphy in the west Kimberley, in northern Western Australia.

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Stavely Minerals Ord Shs > Totals offer

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Comment by SunChildon Jan 15, 2017 6:19pm

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Post# 25710676

RE:Totals offer

PatchHand wrote: Anyone have a simple explanation of what that package was about?

From Total news titled "Total Energy Services Inc. Commences Offer for Outstanding Shares of Savanna Energy Services Corp.":

Based upon the volume weighted average price of the Offeror Shares for the five trading days following November 23, 2016, the date Total announced its intention to make the Offer, being $13.40 per share, the consideration offered pursuant to the Offer has a value of $1.74 per Savanna Share.

They are offering Total shares, not money for this deal.

Grant.

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