Zoltav Resources: Final Results for the Year Ended 31 December 2013
Zoltav, the CIS-focused oil and gas company, announces Final Results for the Year Ended 31 December 2013. Corporate Highlights · Completed acquisition of CenGeo Holdings which holds the Koltogor Licence in Western Siberia · US$20 million investment by ARA Capital in support of CenGeo acquisition to support work programme on Koltogor Licence …
Zoltav Resources Plans To Acquire CenGeo Holdings
Zoltav Resources Inc announced the proposed acquisition of CenGeo Holdings Ltd for US$26 million or about 17.4 million pounds satisfied through the issue of about 473.16 million new Zoltav shares at 3.5 pence per share. CenGeo Holdings, through its wholly owned subsidiary ZAO Siberian Geologicheskaya Kompanya or “SibGeCo”, holds the …