Kula shareholder backs Geopacific deal

July 27, 2017

Responsive image

ASX-listed Kula Gold’s major shareholder Pacific Road Capital has accepted a takeover offer from fellow-listed Geopacific Resources for its shareholding in Kula.

Geopacific is offering one of its own shares for every 1.1 Kula shares held, an increase on its previous offer from one Geopacific share for every 1.4723 Kula shares held.

Category: General