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 …