Imperial Scooping Up Selkirk
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 [...]
