BRIEF-Sierra Mining says RTG Mining Inc to merge with Co

Tue, 25 Feb - 8:30am

Feb 25 (Reuters) - Sierra Mining Ltd SRM.AX :

* RTG Mining Inc to merge with Sierra Mining Limited SRM.AX

* Deal to combine two companies at agreed exchange ratio of 3 RTG shares for each Sierra share held; plus 1 RTG option for every 3 sierra shares held

* Says RTG Mining and co entered into conditional scheme implementation deed to combine the two companies

* RTG options will be exercisable for a period of three years at an exercise price of C$0.15

* Source text for Eikon News Search ID:nASX7PM9rS

* ((For more news, please click here SRM.AX ))

((Bangalore Newsroom; +91 80 6749 1130))

URN: 
urn:newsml:reuters.com:20140224:nWNBS00C8M:6
Topics: 
FINS AU MET CMPNY CA MINE BLR ASIA DEAL1 LEN MRG RTRS MIS BACT MIN BMAT COMA REGS FIN MTAL MEMI AMERS

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