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Lifebrandz to acquire goldmine business
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treetops
Elite |
13-Jul-2016 08:00
Yells: "Moments Today, Memories Tomorrow!" |
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Lifebrandz to acquire goldmine business after dumping health and wellness plansSINGAPORE (July 12): Lifebrandz is making a foray into the goldmining industry. Lifebrandz said it had entered into a non-binding term sheet on Tuesday with Asidokona Mining Resources to acquire the entire issued and paid-up share capital of Tolukuma Gold Mines. The purchase consideration of US$212 million ($286 million) will be satisfied in its entirety by the allotment and issue of new Lifebrandz shares. |
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