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BRIEF-WPG Resources says acquisition of JV partners's 50% interest in challenger mining

Published 27/07/2016, 09:55 am
BRIEF-WPG Resources says acquisition of JV partners's 50% interest in challenger mining
WPG
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July 27 (Reuters) - Wpg Resources Ltd WPG.AX :

* Acquisition and capital raising WPG.AX

* Deal for purchase price $9 million

* Agreed to acquire its joint venture partner's 50% interest in the challenger mining and exploration joint ventures in south Australia

* Announces a $13.5 million capital raising

* Says purchase price is $9 million plus the issue of 25 million WPG options to diversified minerals pty ltd

* Source text for Eikon ID:nASX5yYs7v

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