Imperial Scooping Up Selkirk

Tuesday, September 15, 2009

Imperial Metals (TSE:III) announced today that they have signed a definitive agreement to acquire all the outstanding shares of Selkirk Metals (CVE:SLK).  The purchase price is $0.12 per Selkirk share or one Imperial share for each 30 Selkirk shares.  With 87.5 million shares outstanding, this puts a value on Selkirk of approximately $10.5 million.
From Imperial’s [...]

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