BRIEF-Westgold Resources To Sell Higginsville Gold Operations To RNC Minerals

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BRIEF-Westgold Resources To Sell Higginsville Gold Operations To RNC Minerals

posted on Mar 25, 2019 11:05PM

2019-03-25 08:23:07 PM ET (Reuters)

March 26 (Reuters) - Westgold Resources Ltd:

* WESTGOLD TO SELL HIGGINSVILLE GOLD OPERATIONS TO RNC MINERALS

* DEAL FOR $25 MILLION IN CASH AND $25 MILLION IN RNC SHARES

* REACHED AN AGREEMENT TO DIVEST ITS HIGGINSVILLE GOLD OPERATIONS TO RNC MINERALS

* PROPOSED TRANSACTION IS SUBJECT TO FIRB AND TORONTO STOCK EXCHANGE APPROVAL IF REQUIRED Source text: (https://bit.ly/2UUMjDL) Further company coverage: (Reuters.Briefs@thomsonreuters.com)

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