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BRIEF-VDM Group Executes Agreement To Buy 55% Of Cage Bengo Project

Published Aug 13, 2019 17:01 Updated Aug 13, 2019 17:10
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© Reuters. BRIEF-VDM Group Executes Agreement To Buy 55% Of Cage Bengo Project
 
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Aug 13 (Reuters) - VDM Group Ltd VMG.AX :

* EXECUTES AGREEMENT TO ACQUIRE 55% OF CAGE BENGO PROJECT

* ENTERED MINING INVESTMENT CONTRACT FOR EXCLUSIVE RIGHTS TO EXPLORE FOR GOLD/MINERALS AT CAGE BENGO PROJECT IN ANGOLA

* IN RETURN FOR ACQUIRING 55.25% STAKE IN PROJECT, VDM WILL ISSUE TO SEABANK 650 MILLION VDM SHARES.

BRIEF-VDM Group Executes Agreement To Buy 55% Of Cage Bengo Project
 

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