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BRIEF-Marindi Metals enters agreement to acquire Rox Resources 49% interest in Reward zinc project

Published 17/08/2016, 11:06 am
© Reuters.  BRIEF-Marindi Metals enters agreement to acquire Rox Resources 49% interest in Reward zinc project
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Aug 17 (Reuters) - Marindi Metals Ltd MZN.AX :

* Marindi to acquire interest in world class reward Zinc JV

* Says cash component of $8 million to be underwritten by argonaut

* Says agreement to acquire Rox Resources ltd's 49% interest in the Reward Zinc Project

* Says total consideration payable to acquire rox's interest is $21 million

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