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BRIEF-Exoma Energy signs share purchase agreement with Gruden Group

Published 09/07/2015, 10:00 am
© Reuters.  BRIEF-Exoma Energy signs share purchase agreement with Gruden Group
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July 9 (Reuters) - Exoma Energy Ltd EXE.AX :

* Exoma signs share purchase agreement with the Gruden Group EXE.AX

* At closing Exoma will have approximately $6.8 mln in cash and therefore does not need to raise capital.

* Key management will remain and manage the business.

* Says gross revenue for gruden for 2014/15 of in excess of $8.5 mln

* Will be acquiring 100% of the Gruden Group by the purchase of all the shares in Gruden Pty Ltd, Blackglass Pty Ltd and Mobile Den Pty Ltd from the vendors

* Warren Barry will be interim CEO for Gruden Group, pending appointment of new CEO within 12 months of completion of transaction

* Source text for Eikon ID:nASX2xvCgt

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