Serabi Gold, Afferro Mining, African Mining & Exploration,…

Serabi Gold has entered into an agreement to acquire Kenai Resources Ltd . In this news: – Deal subject to shareholder approval – Serabi will issue 0.85 new Serabi share for each Kenai share, anticipated to be 90,020,724 new Serabi Shares in total and 20.8% of enlarged share capital – Deal values Kenai at 6.19M, a 87% premium to the closing price … (more)

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