Business News • MarketWire • Lorito Holdings S.à.r.l. and Zebra Holdings And Investments S.à.r.l. Acquire Shares of Filo Mining Corp. |
Lorito Holdings S.à.r.l. and Zebra Holdings And Investments S.à.r.l. Acquire Shares of Filo Mining Corp. |
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Lorito Holdings S.à.r.l. and Zebra Holdings And Investments S.à.r.l. Acquire Shares of Filo Mining Corp.
LUXEMBOURG, LUXEMBOURG--(Marketwired - Nov. 15, 2016) - Lorito Holdings S.à.r.l. ("Lorito") and Zebra Holdings and Investments S.à.r.l. ("Zebra"), two companies controlled by a trust settled by the late Adolf H. Lundin, and as such joint actors, both incorporated under the laws of Luxembourg, 40, Boulevard Grande Duchesse Charlotte, L-1330 Luxembourg, announced today that they had, by way of a private placement (the "PP"), acquired directly from Filo Mining Corp. ("Filo" or the "Company") - (TSX VENTURE:FIL) and (NASDAQ OMX:FIL) 2'200'000 and 2'000'000 common shares respectively of Filo for Cdn$ 2.00 per common share, for a total of 4'200'000 common shares representing approximately 8.18% of the Company's then issued and outstanding share capital. The common shares were acquired in the PP announced by the Company on October 25, 2016 for a total consideration of Cdn$ 8'400'000.00.
View More : http://www.marketwired.com/mw/release.do?id=2176078&sourceType=3
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