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BRIEF-Zinc One, Forrester signs definitive agreement to establish Zinc focused exploration, development company
March 7, 2017 / 9:38 PM / 6 months ago

BRIEF-Zinc One, Forrester signs definitive agreement to establish Zinc focused exploration, development company

March 7 (Reuters) - Zinc One Resources Inc:

* Zinc One and Forrester sign definitive agreement to establish a zinc focused exploration and development company

* Zinc one resources - definitive arrangement agreement whereby zinc one has agreed to acquire all of issued and outstanding common shares of Forrester

* Zinc one resources inc - complete a private placement financing of $10 million

* Zinc one resources - under terms of deal, each shareholder of Forrester will receive 1 share of zinc one for every 5.5 common shares of Forrester

* Zinc One Resources Inc - each company’s board of directors unanimously approved terms of transaction

* Zinc one resources inc - transaction will require approval by at least 66 2/3% of votes cast on special resolution by Forrester shareholders Source text for Eikon: Further company coverage:

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