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Bullboard - Stock Discussion Forum Voltalia Ord Shs VLTAF

Voltalia SA is a France-based holding company engaged in the renewable utilities sector. It designs, develops and operates electric power stations in numerous countries, such as France, French Guyana, Brazil, Greece and Morocco. The Company generates electricity using a variety of renewable energy sources. These include wind, water, biomass and solar power. In addition, Voltalia SA specializes... see more

PINL:VLTAF - Post Discussion

Voltalia Ord Shs > Goldstone and VTR deal in Ghana
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Post by gold_diggers1 on Sep 20, 2012 10:12am

Goldstone and VTR deal in Ghana

Goldstone Resources acquires remaining 4.9% stake in Homase/Akrokerri project

09/19/2012 02:09 PM ET
 

Deal In Brief

Sep 19, 2012 (Datamonitor Financial Deals Tracker via COMTEX News Network) -- Goldstone Resources, Ltd., a South Africa-based company engaged in the exploration and mining of gold, silver, copper and uranium, has entered into an acquisition agreement to acquire the remaining 4.9% stake in The Homase/Akrokerri project located in Ghana from Volta Resources, Inc.

Volta Resources is a Canada-based company focused on identification, acquisition and exploration of gold properties in West Africa.

Deal Type    AcquisitionSub-Category Minority AcquisitionDeal Status  Completed: 2012-09-19

Deal Participants

Target (Company)   The Homase/Akrokerri project - GhanaAcquirer (Company) Goldstone Resources, Ltd.Vendor (Company)   Volta Resources, Inc.
% Acquisition 4.9%

============================

How much is this deal worth for VTR  (in terms of dollars)?

.

GLTA

Comment by 4x4 on Sep 20, 2012 10:49am
Volta gets 1.5m ordinary GoldStone shares.....AIM listed company...GRL....$3.95......???? Is this right....
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