Deal Snapshot
UK-BASED ALIEN METALS TO ACQUIRE AUSTRALIAN SILVER PROJECT
Friday 06 December 2019

UK-based mining company Alien Metals Ltd. (LSE: UFO) has agreed to acquire a 100% interest in the former producing Elizabeth Hill Silver Project in Western Australia from Karratha Metals Group Ltd. (KMG) in Western Australia in stock transaction, the company said.

The company has the ability to acquire a 100% interest the Elizabeth Hill Silver Project for consideration of 200m common shares and 50m warrants in Alien Metals, which KMG will distribute to its shareholders.


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Details
Date Published: 06/12/2019
Target: Elizabeth Hill Silver Project
Country: Australia
Deal Size: 46.80m (USD)
Sector: Metals/Mining
Type: Corporate acquisition
Financing: Stock
Status: Agreed
Vendor: Karratha Metals Group Ltd
Buyer: Alien Metals Ltd
Comment:


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