(MAK:Australian Stock Exchange Ltd)
Transactions by MINEMAKERS LTD (MAK) in the last 6 months
Spearhead Capital Limited acquired remaining South Africa legacy assets from Minemakers Limited (ASX:MAK) for ZAR 10.8 million on July 16, 2015. Under the sale agreement, ZAR 1.85 million is to be held in escrow by Spearhead Capital until the fulfilment of two post-completion accounting conditions. The cash procceds from the transaction will be used by Minemakers to complete the acquisition of the Baobab Rock Phosphate Project in the Republic of Senegal.
Minemakers Limited (ASX:MAK) entered into a conditional agreement to acquire Baobab Fertilizer Africa from Agrifos Partners LLC for AUD 12.1 million on April 27, 2015. Under the terms of the agreement, Minemakers will issue 100 million shares, 80 million options over unissued Minemakers shares with an exercise price of AUD 0.25 per share & term of 4 years, 40 million contingent share rights satisfied by issue of shares of Minemakers, upon either a PFS, decision to proceed ...
|No competitor information is available for MAK.|
|View Industry Companies|
|Price/Cash Flow||NM||Not Meaningful|