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BRIEF-MHM Metals ltd says proposed merger with Alliance Mining Commodities Limited

Published 15/11/2016, 09:57 am
© Reuters.  BRIEF-MHM Metals ltd says proposed merger with Alliance Mining Commodities Limited
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Nov 15 (Reuters) -

MHM Metals Ltd MHM.AX :

* Proposed merger would be implemented by way of a scrip exchange whereby mhm would acquire 100% of shares in amc

* Entered into a merger term sheet with alliance mining commodities limited

* In connection with proposed merger, mhm has agreed to provide amc with a loan facility of up to $1.5 million

* Mhm metals ltd - proposed merger with alliance mining commodities limited-mhm.ax

Source text for Eikon: ID:nASX5ppwcn

Further company coverage: MHM.AX

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