掀开奶罩边躁狠狠躁苏玥视频,无码专区3d动漫精品,去阳台跪着把屁股抬起来,精品国产丝袜黑色高跟鞋


Anfield Announces Sale of Mayaniquel S.A. to Cunico Resources N.V.

  • Friday, April 25, 2014
  • Source:ferro-alloys.com

  • Keywords:Ni,Nickel,Nickel ore, nickel laterite
[Fellow][Ferro-Alloys.com] Anfield Nickel Corp. ("Anfield") and Cunico Resources N.V. ("Cunico") announced on Apr 24th that they have entered into an agreement whereby Cunico will acquire Anfield's Guatemalan subsidiary, Mayaniquel S.A., and its Mayaniquel nickel lat...

[Ferro-Alloys.com] Anfield Nickel Corp. ("Anfield")  and Cunico Resources N.V. ("Cunico") announced on Apr 24th that they have entered into an agreement whereby Cunico will acquire Anfield's Guatemalan subsidiary, Mayaniquel S.A., and its Mayaniquel nickel laterite project. Under the agreement, Cunico will acquire Mayaniquel S.A. for a purchase price dependent upon the prevailing nickel price five years from the closing date of the proposed transaction. The transaction is arm's length.

Payment will be made in five annual $3 million installments totalling $15 million (all dollar amounts are in US dollars unless otherwise stated) commencing on closing of the transaction and a final payment of $28 million on the fifth anniversary of the closing date, subject to adjustment based on the following formula: (Year 5 average nickel price / $14,000 x $43 million) - $15 million. For example, if the average nickel price in the fifth year following closing is the current price of $18,364/tonne, the final payment would be $41.4 million and the total purchase price would be approximately $56.4 million (Cdn $62 million).

If the fifth year average nickel price exceeds $30,000/tonne, a bonus adjustment of 15% will be added to the purchase price. For example, if the average price in the fifth year is $30,001 the final payment would be $91 million and the total purchase price would be approximately $106 million (Cdn $117 million).

The average annual nickel price over the last 10 years has been approximately $20,100 per tonne and ranged from a high of $37,230 per tonne in 2007 to a low of $13,800 per tonne in 2004.

Cunico's payment of future purchase price installments will be secured by a pledge on the shares of Mayaniquel S.A. and a pledge by Cunico's marketing subsidiary on certain accounts receivable arising from the sale of processed nickel.

The share purchase agreement provides for, among other things, customary board support and non-solicitation covenants on the part of Anfield (subject to "fiduciary out" provisions that entitle Anfield to consider and accept a superior proposal and a five business day "right to match" any superior proposal in favour of Cunico) as well as a termination fee of $2.15 million in certain circumstances.

 

  • [Editor:Yueleilei]

Tell Us What You Think

please login!   login   register
Please be logged in to comment!
主站蜘蛛池模板: 松江区| 宿松县| 盐城市| 论坛| 晋州市| 江城| 定陶县| 白玉县| 六盘水市| 洪泽县| 通辽市| 灵丘县| 龙井市| 平顶山市| 宜州市| 通海县| 永仁县| 景洪市| 潼南县| 红原县| 南川市| 资源县| 柳江县| 炎陵县| 永新县| 佳木斯市| 博白县| 济阳县| 苏州市| 股票| 察隅县| 马山县| 赤峰市| 彭阳县| 永胜县| 乐安县| 安平县| 拉孜县| 郴州市| 延吉市| 盐津县|