Guus_Geluk schreef op 3 november 2016 08:35:
Published: 07:00 CET 03-11-2016 /GlobeNewswire /Source: Nyrstar / : NYR /ISIN: BE0003876936
Nyrstar: Completion of the El Toqui mine sale for a total cash consideration of USD 25 million and price participation
Regulated Information - Inside Information
3 November 2016 at 07:00 CET
Nyrstar NV ("Nyrstar" or the "Company") today announces that it has successfully completed the sale of its El Toqui mine in Chile to Laguna Gold Limited, an Australian based mining company, for a total cash consideration of USD 25 million, plus future proceeds through a price participation agreement with Laguna.
As previously announced, the share purchase agreement for the sale was entered into on 27 June 2016 and had a number of customary conditions precedent that needed to be satisfied before the transaction could complete.
As part of the completed sale, Nyrstar and Laguna have also entered into an off-take agreement pursuant to which Laguna will sell to Nyrstar 100% of the zinc concentrate production from El Toqui for the coming four year period and 85% of the zinc concentrate production thereafter.