Perth-based Rox Resources has accepted a revised offer from fellow ASX-listed Marindi Metals for its 49% interest in the 58-million tonne Reward zinc and lead project, in the Northern Territory.
Marindi initially offered $16-million for the interest in the Reward project, but has revised its offer to $21-million, including a cash payment of $8-million, shares worth $4-million, three-year convertible notes with a face value of $5.25-million and a deferred payment of $3.75-million.
