Ethiopian Potash Corp. completed the acquisition of G and B African Resources Mali SARL from Premier African Minerals Limited.
On April 22, 2013, Ethiopian Potash Corp. signed a definitive agreement to acquire G and B African Resources Mali SARL from Premier African Minerals Limited. As of June 30, 2013, the transaction was approved by the shareholders of Premier African Minerals. The transaction has closed in escrow pending final approval of the TSX Venture Exchange, which is expected shortly. As of July 5, 2013, the transaction has been approved by the TSX Venture Exchange.
Grant Gordon, Paul Airley, James Fussell and Mark Boullé of Fladgate LLP acted as legal advisor, Jerry Keen and Ed Mansfield of Shore Capital Stockbrokers and Tony Rawlinson of Cairn Financial Advisers acted as financial advisors for Premier African Minerals Limited.
Ethiopian Potash Corp. (TSXV:FED) completed the acquisition of G and B African Resources Mali SARL from Premier African Minerals Limited (AIM:PREM) on July 3, 2013.