Alecto Minerals to buy Mowana for P89.7m
Friday, December 23, 2016
The AIM-listed company will pay £1-m in cash and the rest with the issue of 8.79m shares of 0.01p at 0.065p each, that will represent 60% of the issued share capital of Alecto, which in total amounts to about £6.72m.
The proposed acquisition is considered a reverse takeover and so the company’s shares will be suspended on AIM from Wednesday until the deal is approved by shareholders.
The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...