May 22, 2018 / 11:12 AM / 3 months ago

BRIEF-Velvet Energy Announces Premium All Cash Offer To Acquire Iron Bridge Resources

May 22 (Reuters) - Iron Bridge Resources Inc:

* VELVET ENERGY ANNOUNCES PREMIUM ALL CASH OFFER TO ACQUIRE IRON BRIDGE RESOURCES

* VELVET ENERGY - VELVET TO OFFER $0.75 IN CASH PER IRON BRIDGE COMMON SHARE

* VELVET ENERGY - OFFER VALUES IRON BRIDGE AT AN ENTERPRISE VALUE OF ABOUT $120 MILLION Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

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