Deal February 08, 2005 17:00 ETAlmonty Agrees to Acquire Controlling Interest in Primary Metals from Avocet
FOR: PRIMARY METALS
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Feb. 8, 2005) - Primary
Metals Inc. ("Primary") (TSX VENTURE:PMI) announces that Almonty LLC
("Almonty") of Delaware, a private company, has entered into an
agreement with Avocet Mining PLC ("Avocet") and Primary under which
Almonty will purchase all of the 3,379,342 common shares of Primary held
by Avocet. The Avocet shareholding represents a 49.09% interest in
Primary and is being acquired by Almonty for investment purposes.
Almonty will concurrently subscribe for 338,888 common shares of Primary
at a price of CDN$0.18 per share
August 03, 2007 18:59 ET
Primary Metals Announces Board-Supported Cash Take-Over Bid by Sojitz Corporation
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 3, 2007) - Primary Metals Inc. (TSX VENTURE:PMI) ("Primary") announced today that it has entered into a support agreement with Sojitz Corporation ("Sojitz") pursuant to which Sojitz will make a formal take-over bid to acquire (the "Offer") all of the outstanding common shares of Primary (the "Shares") for $3.65 in cash per Share, for a total transaction value of approximately $54 million.