MMR Exploration Limited Announces Acquisition of Shares in Sama Resources Inc.
![MMR Exploration Limited Announces Acquisition of Shares in Sama Resources Inc.](https://www.minenportal.de/media/goldseiten-news.jpg)
The common shares and warrants of Sama were acquired by MMR Exploration for investment purposes. MMR Exploration may from time to time, depending on market and other conditions, increase or decrease such holdings of common shares or other securities of Sama.
Following the completion of this acquisition, MMR Exploration held approximately 6.02% of the outstanding common shares of Sama (11.36% on a diluted basis).
In connection with this acquisition, Sama granted MMR Exploration a pre-emptive right pursuant to which, for so long as MMR Exploration holds any equity interest in Sama on a fully-diluted basis, it will have the right to participate in any future equity private placement or public offering of Sama (an “Offering“) to allow it to maintain the same percentage interest in Sama after completion of the Offering (assuming the conversion or exchange of any convertible securities issued under the Offering) as existed immediately prior to completion of the Offering.
Information line for shareholders:
North America
1-866-581-1392 (toll free)
Media enquiries:
Sally Cox, Group Manager - Communications
T +61 3 9288 0850, M +61 417 144 524
E sally.cox@mmg.com
Chinese language enquiries:
Maggie Qin, Corporate Affairs Officer – China & HK
T +61 3 9288 0818, M +61 411 465 468
E maggie.qin@mmg.com
Canadian enquiries:
Ian Hamilton, DFH
T +416 206 0118 ext.222
E ian@dfhpublicaffairs.com
Australia
1-800-187-558 (toll free)
Investor enquiries:
Colette Campbell, Group Manager – Investor Relations
T +61 3 9288 9165, M +61 422 963 652
E colette.campbell@mmg.com
Troy Hey, General Manager – Stakeholder & Investor Relations
T +61 3 9288 0442, M +61 409 709 126
E troy.hey@mmg.com