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SLVTF Silver Tiger Metals Inc (QX)

0.1549
-0.0011 (-0.71%)
27 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Silver Tiger Metals Inc (QX) USOTC:SLVTF OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.0011 -0.71% 0.1549 0.1507 0.16 0.16 0.1549 0.16 36,120 21:00:01

Uralkali Seeks To Merge With Rival Potash Producer Silvinit

20/12/2010 8:22am

Dow Jones News


Silver Tiger Metals (QX) (USOTC:SLVTF)
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Russian potash fertilizer producer OAO Uralkali (URKA.RS) Monday proposed a merger with rival potash giant OAO Silvinit (SILV.RS).

Uralkali seeks to buy a 20% stake in Silvinit for $1.4 billion and purchase the remainder of the company with an additional share issue, Uralkali said in a statement.

In total, Uralkali proposes buying 1.565 million Silvinit shares at $894.50 apiece. In addition, Silvinit shareholders besides Uralkali will receive 133.4 Uralkali shares for each Silvinit ordinary share and 51.8 Uralkali shares for each preferred share of Silvinit.

The Uralkali board Monday called for a shareholder meeting for Feb. 4 to consider the merger. Uralkali Chief Executive Pavel Grachev said in a statement he recommends voting for the merger.

-By William Mauldin, Dow Jones Newswires; +7 495 232-9192; william.mauldin@dowjones.com

 
 

1 Year Silver Tiger Metals (QX) Chart

1 Year Silver Tiger Metals (QX) Chart

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1 Month Silver Tiger Metals (QX) Chart