BRIEF-Wescoal Acquires Remaining Minority Interest In Neosho Trading 86 Proprietary

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BRIEF-Wescoal Acquires Remaining Minority Interest In Neosho Trading 86 Proprietary
Credit: © Reuters.

May 30 (Reuters) - Wescoal Holdings Ltd WSLJ.J :

* ACQUISITION OF THE REMAINING MINORITY INTEREST IN NEOSHO TRADING 86 PROPRIETARY LIMITED

* FOLLOWING ACQUISITION, WESCOAL WILL OWN 100% OF ISSUED SHARE CAPITAL OF MOABSVELDEN PROJECT.

* KEATON WILL ACQUIRE SALE SHARES FOR A PURCHASE CONSIDERATION OF R10.5 MILLION.

* WESCOAL HAS ENTERED INTO AND EXECUTED A SALE OF SHARES AND CLAIMS AGREEMENT WITH MBABAZINI ESTHER DHLADHLA

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