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BRIEF-Kasbah Resources announces acquisition of co by Asian Mineral Resources

Published 11/08/2016, 01:32 pm
Updated 11/08/2016, 01:40 pm
© Reuters.  BRIEF-Kasbah Resources announces acquisition of co by Asian Mineral Resources
KAS
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Aug 10 (Reuters) - Kasbah Resources Ltd KAS.AX :

* Asian Minerals Resources to acquire Kasbah Resources KAS.AX

* Board has unanimously recommended that all Kasbah shareholders vote in favour of the transaction in the absence of a superior proposal

* Says total number of new AMR shares to be issued under the transaction will be approximately 722.8 million

* Says major shareholders of Kasbah Holding, 26.7% of Kasbah's issued share capital, agreed to vote in favour of the transaction

* Source text for Eikon ID:nWNBS02U31

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